Emerging markets

Passive funds attracted new cash even if their returns were negative.

Muted core inflation increases and relentless haven flows have kept a lid on longer-dated developed-market yields.

Total assets of the fund have increased almost 20 times since December.

As equities in the sector extend a $3.8 trillion rout, the strategy has resulted in annualized returns of as much as 190%.

Returns over the past decade have been stellar, but capital preservation is a concern.

The only other fund of its kind has $269 million in assets, a figure that’s ballooned roughly 1,700% this year.

The bank has deviated from its guiding philosophy after making tactical sales of stocks perceived as being on the front lines of the tariff bombast.

Investors yanked $7.7 billion from emerging-market equity and investment-grade credit funds due to trade tensions and tightening monetary policies.

Even countries with solid prospects for growth and debt financing haven’t been immune to the selloff.

The $55 billion of new cash last week from global investors was the most since 2013.

A gauge of developing-market currencies is near its weakest level this year as the Treasury 10-year yield climbed above 3%.

Data reported by the Investment Company Institute.

It’s largely hedge funds that have been bailing out while equity and bond fund managers have remained on the sidelines.

Treasury volatility and the latest dollar rally have hurt the sector over the past two weeks.

The active manager plans to launch his new firm in June with former Franklin Templeton colleagues.

Data reported by the Investment Company Institute.

Data reported by the Investment Company Institute.

Trump’s call for tariffs on steel and aluminum imports, and subsequent worries of a trade war, have recently taken a toll on emerging markets investments.

Data reported by the Investment Company Institute.

The top 20 funds are from just three asset managers: Fidelity, Vanguard and American Funds.