Staggering Inflows Continue For Emerging Markets Funds

Analyst Paul Weisbruch of Street One Financial brings us his daily fund flows report, which today points out some jaw-dropping inflows in a couple of major emerging markets funds.

Fund flows have been light in the past several trading sessions this week, after coming off of a few weeks of heavier rotational activity having to do with the end of the first quarter as well as beginning of the month (April) model changes in the marketplace.

As we have mentioned in previous recaps, Emerging Markets are still seeing bids, as we have seen a continuation of the recent inflows in IEMG (iShares Core MSCI Emerging Markets, over $200 million in), and the fund has reeled in a staggering $7.2 billion worth of inflows just year-to-date.

Likewise, another fund from iShares in the EM space but focused on Fixed Income, EMB (iShares JP Morgan USD Emerging Markets Bond), has seen more than $2.2 billion in creations in 2017. EMB has pulled in over $150 million in the last couple sessions as well, so that trend is clearly continuing.

EMB notably is trading near multi-month highs here on the recent broad based bond rally, as well.

The iShares Core MSCI Emerging Markets ETF (NYSE:IEMG) was trading at $47.71 per share on Thursday afternoon, up $0.48 (+1.02%). Year-to-date, IEMG has gained 12.39%, versus a 5.27% rise in the benchmark S&P 500 index during the same period.

IEMG currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #3 of 77 ETFs in the Emerging Markets Equities ETFs category.


Disclaimer: The content of this article is excerpted from a daily newsletter from Street One Financial. While ETF Daily News may edit the contents and add a relevant title to the piece, the author, Paul Weisbruch, does not endorse or recommend any issuer or security mentioned herein.

About the Author: Paul Weisbruch

paul-weisbruchPaul Weisbruch is the VP of ETF/Options Sales and Trading at Street One Financial. Prior to joining the team at Street One, Paul served as the Director of RIA and Institutional ETF Sales at RevenueShares ETFs from December 2007 until November of 2009. Before RevenueShares, Paul was employed by Susquehanna International Group from 2000 until 2007 serving in roles including OTC/NYSE Institutional Block Trading, Nasdaq/OTC Market Making, ETF/Derivatives Intelligence and Strategy, Algorithmic Trading, as well as acting as the PHLX Floor Specialist in the ETFs, SPY and DIA.Paul has been actively involved in the ETF space from both a product and trading standpoint since 2000. Additionally, Paul has well forged relationships with national RIAs, institutional pension fund managers and consultants, mutual fund and hedge fund managers, and also the ETF media. Co-authoring the “S1F ETF Daily” since 2009, the daily piece has become a must for many portfolio managers in the ETF space, with segments regularly appearing in the likes of Barron’s, WSJ, and ETFTrends.com for instance.

He holds his Series 4 (Registered Options Principal), 6, 7, 55 (Equity Trader), 63, and 65 licenses. He graduated from the University of Pittsburgh (B.S. – Economics), graduating magna cum laude, and has an MBA from Villanova University.

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