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Emerging markets post longest streak of monthly outflows since 2015, IIF says

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Reuters UK

NEW YORK (Reuters) – Emerging markets suffered a fourth straight month of portfolio outflows in June, notching the longest losing streak in seven years, as recession fears and inflation rattled investors, data from the Institute of International Finance showed. June saw non-resident portfolio outflows of $4.0 billion, according to the data published on Wednesday, which compared to outflows of $5.1 billion in May and a $55.8 billion inflow in June 2021. The current run of outflows matches a four-month streak that ended in October 2015. Net outflows over the past four months totaled $27.8 billio…

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