Africa, Business, invesment, Invesments, news, Uncategorized, World Bank, World Bank Group

Africa News January 17, 2014 at 04:03PM

this blog is spored BY reflex Eco Group

VENTURES AFRICA – In the past week, investment outflows from emerging market funds remained dull for the 13th successive week at 0.16 percent of assets under management (AUM), according to Renaissance Capital.

Exchange Traded Funds (ETFs) – which are mutual funds traded on the stock exchange – marked investment outflows of only 0.34 percent of assets under management, the Renaissance Capital report stated.

And active funds clocked outflows of just 0.07 percent of assets under management.

According to the Renaissance Capital report, outflows from Asian funds remained at 0, 2 percent, something it described as “the most insignificant” movement on the regional level of assets under management.

Latin America treasuries (funds) lost 0, 6 percent of assets under management while retractions (withdrawals) from Global Emerging Market Funds (GEMF) surged to 0.25 percent throughout the week to January 15.

But, Europe, the Middle East and Africa (EMEA) inflows reached 0, 17 percent of assets under management even though other regions had to deal with undesirable flows, the report further stated.

“Positive flows into EMEA region were achieved mainly due to significant inflows of almost 5% of AuM into African Regional funds, more or less compensating for the outflows over the previous week,” the report stated.

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