Salient to Investors:
US-based emerging-market ETF equities and bonds are heading for their biggest monthly inflow since September, while global tech funds lost the most funds among 12 industries.
Richard Titherington at JPMorgan Asset Mgmt said investors recognize emerging-market equities are cheap, rotating into sectors that have underperformed.
Jennifer Vail at US Bancorp said investors are finally feeling comfortable dipping back into emerging market stocks.
MSCI Index of emerging-market stocks is at 10.6 times estimated earnings versus 15.2 times for equities from advanced economies and near the biggest discount since 2006.
The Dow Jones Internet gauge is at 89 times trailing earnings versus 17 for the S&P 500.
Read the full article at http://www.bloomberg.com/news/2014-04-08/emerging-market-etfs-halt-outflow-as-investors-flee-tech.html
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