Emerging Market Portfolio Flows

Emerging Market Portfolio Flows
Author: Mr.Serkan Arslanalp
Publisher: International Monetary Fund
Total Pages: 25
Release: 2015-12-17
Genre: Business & Economics
ISBN: 1513559222

Download Emerging Market Portfolio Flows Book in PDF, Epub and Kindle

Portfolio flows to emerging markets (EMs) tend to be correlated. A possible explanation is the role global benchmarks play in allocating capital internationally, the so-called “benchmark effect.” This paper finds that benchmark-driven investors indeed play a large role in a key segment of the market—the EM local currency government bond market—, accounting for more than one third of total foreign holdings as of end-2014. We find that the prominence of these investors declined somewhat after the May 2013 taper tantrum, but remain high. This distinction is important in understanding the drivers of EM capital flows and their sensitivity to different types of shocks. In particular, a high share of benchmark-driven investors may result in capital flows that are more sensitive to global shocks and less sensitive to country factors.


Emerging Market Portfolio Flows
Language: en
Pages: 25
Authors: Mr.Serkan Arslanalp
Categories: Business & Economics
Type: BOOK - Published: 2015-12-17 - Publisher: International Monetary Fund

GET EBOOK

Portfolio flows to emerging markets (EMs) tend to be correlated. A possible explanation is the role global benchmarks play in allocating capital internationally
Portfolio Investment Flows to Emerging Markets
Language: en
Pages: 74
Authors: Sudarshan Gooptu
Categories:
Type: BOOK - Published: 1993 - Publisher: World Bank Publications

GET EBOOK

Emerging Market Portfolio Flows
Language: en
Pages:
Authors: Serkan Arslanalp (Mr)
Categories:
Type: BOOK - Published: 2015 - Publisher:

GET EBOOK

Portfolio flows to emerging markets (EMs) tend to be correlated. A possible explanation is the role global benchmarks play in allocating capital internationally
Portfolio Flows, Global Risk Aversion and Asset Prices in Emerging Markets
Language: en
Pages: 33
Authors: Nasha Ananchotikul
Categories: Business & Economics
Type: BOOK - Published: 2014-08-19 - Publisher: International Monetary Fund

GET EBOOK

In recent years, portfolio flows to emerging markets have become increasingly large and volatile. Using weekly portfolio fund flows data, the paper finds that t
Patterns of Capital Flows to Emerging Markets
Language: en
Pages: 33
Authors: Mr.Mohsin S. Khan
Categories: Business & Economics
Type: BOOK - Published: 1997-01-01 - Publisher: International Monetary Fund

GET EBOOK

This paper reviews some of the basic patterns of international capital flows to emerging markets in recent years, including the composition of capital flows, in