Sunday, July 27, 2008

Attention switches to frontier markets

Economic Map of the World: Emerging Markets an...Image via WikipediaThe FT reports:
“African markets are not immune to the doldrums in global stock markets but have not performed as badly as emerging markets such as India and China,” says John Mackie, head of Africa funds at Stanlib Asset Management...In the same period, inflows into Africa regional equity funds have totalled $247m, while China equity funds have seen outflows of nearly $4bn, despite inflows in the past week. India has also seen investors withdraw $1bn from funds...[continue reading]
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Posted by Emeka Okafor at 4:51 PM
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1 comments:

aluma said...

It is worth noting that it is not all rosy in Africa. The equity market in Nigeria has plummeted about 15% in the last month. There is a net outflow of money and this is likely to continue into Q1 2010.

4:35 PM

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