Capital flow to emerging markets climbs in April on higher debt investments, IIF says

SourceThe National
CountryMiddle east

Emerging market securities attracted capital flows of $45.5 billion in April, a significant recovery from the March level of $10.1bn, buoyed by a rise in debt flows, according to the Institute of International Finance.

Debt flows to emerging market portfolios climbed to $26.4bn, excluding China, while equity flows minus China showed only marginal gains in April, rising to $700 million, the IIF said in a report on Tuesday.

The overall flows in April were helped by a rise in China flows, with $4.8bn going to debt and $13.5bn to Chinese equities portfolios.

“The recovery in EM flows during April was mainly supported by debt more...