THE BAD

Finweek English Edition - - THE WEEK -

Emerg­ing mar­ket port­fo­lios suf­fered their largest three­month out­flows in seven years in the fourth quar­ter, ft.com re­ported. This was driven by Don­ald Trump’s vic­tory in the US pres­i­den­tial elec­tions, which prompted fears that ris­ing pro­tec­tion­ism could hit global trade, while his plans for higher in­fra­struc­ture spend­ing have raised ex­pec­ta­tions of faster in­ter­est rate in­creases, adding to the pres­sure on emerg­ing mar­ket as­sets, it said. In to­tal, in­vestors pulled $38.4bn from emerg­ing mar­ket eq­uity and debt port­fo­lios in the De­cem­ber quar­ter, the high­est out­flow since 2009, ft.com said.

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