China equity funds took in fresh money for the 11th time in the past 12 weeks
EPFR data shows India has seen outflows of around USD 192 million last week, which is a little different from the Sebi data. According to Rishav Dev of Quant Capital, this difference is because EPFR does not cover hedge fund data and prop desk data.
Rishav Dev of Quant Capital says as per EPFR data, on a four week basis India has already seen outflows of close to USD 344 million. He feels developed markets, in particular Europe, would continue to see more inflows when compared to emerging markets.
Ratnesh Kumar believes that increase in investments will act as an antibiotic to the market in the long-term. Market needs to see more approval of infrastructure projects along with some of those investments actually translating into dollars on the ground