Salient to Investors:
Emerging-market equity funds posted $8.7 billion of outflows in Q2, $262 million of outflows n the week ended June 27 – 2012 inflows dropped to $14 billion.
Russia’s RTS Index lost 22 percent this quarter, Brazil’s Bovespa Index lost 18 percent, Shanghai Composite Index lost 2.3 percent.
Chinese industrial companies’ profits declined for a second month in May.
Read the full article at http://www.bloomberg.com/news/2012-06-29/emerging-stock-funds-post-quarterly-outflows-on-europe.html