Emerging markets have seen healthy fund flows over the past few weeks and Brad Durham, MD of EPFR Global said the total cumulative flows in the equity funds is about USD 17 billion year-to-date.
Brad Durham, managing director of EPFR Global pointed out that India will fair well if inflows are positive into emerging market equities. However, he elucidated that India still tends to have the reputation among investors as being one of the more expensive markets.
In an interview to CNBC-TV18, Brad Durham, managing director of EPFR Global said, there has been an intensification of the outflows from EM equity funds. “Over a 10-12 week period we have seen strong and consistent outflows.”
The start of 2011 has been rocky for Indian markets and according to Brad Durham of EPFR Global the pressure has been negative on fund flows into the country.