Emerging markets stock ETFs have most 5-day inflows in 5 years

Emerging markets equity ETFs had inflows of $3.5 billion, or 1.9% of assets, during the five trading days ended Feb. 5, the biggest five-day inflow since April 2014, according to TrimTabs Investment Research, helped by the Federal Reserve’s shift to a dovish stance. The funds have not had a daily outflow since late December, TrimTabs said. IShares MSCI Emerging Markets ETF EEM, +0.88% rose 0.9% in premarket trade. It has rallied 7.6% year to date, while the S&P 500 SPX, +0.94% has gained 8.1%. Emerging market bond ETFs had inflows of $900 million, or 3% of assets, in the five trading days ended Feb. 8, the biggest five-day inflow on record. "Demand for emerging markets assets has exploded as the Fed has turned dovish," said David Santschi, director of liquidity research at TrimTabs.

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