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Rating:Time to Distance Funds from Emerging Markets? Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, May 30, 2006

Time to Distance Funds from Emerging Markets?

by: Marie Glancy

Some international and global mutual funds have put more faith in emerging markets than their investors might have realized -- to the tune of 25 to 40 percent, the Wall Street Journal has reported. Meanwhile, American Funds and T. Rowe Price are among those to sell off emerging market shares of late.

Predictably, recent market tremors worldwide have taken a particular toll on these relatively high risk funds: the week ending May 24 saw the biggest outflows of the past two years, according to Reuters.  

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