After steep selling between May and August, investors are, once again, returning to emerging-markets funds, with the sector taking in a net of $2.5 billion over the past five weeks, MarketWatch reports, citing data from Emerging Portfolio Fund Research. “It’s the longest streak since markets corrected beginning in mid-May,” noted Brad Durham, managing director at Emerging Portfolio Fund Research. “Emerging markets have resumed their record-setting pace of earlier in the year.” Year to date, emerging-markets funds have taken in $17.4 billion, up 21% from $14.3 billion in the comparable period of 2005. The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.
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