Non-resident portfolio flows to emerging markets registered a net inflow of $15.9 billion in February, continuing the divergence seen in previous months between debt and equity markets.
Debt inflows remained resilient at $18.1 billion, while equities struggled, recording a $2.1 billion outflow.
Bonds Boom
China stood out with $11.2 billion in equity inflows, reinforcing its decoupling from the broader EM equity trend.
EM (x\China) equities extended their struggles in February, with capital outflows reflecting persistent investor caution amid global uncertainty.
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