Investment outflows

Reuters, citing data from Boston-based fund tracker EPFR Global, reports that investors withdrew up to $10 billion from emerging market stock and bond funds in the week to Jan 29th, with equities seeing their biggest outflow in 2-1/2 years,.
Figures showed emerging market equity funds were down $6.3 billion in the week, the biggest weekly outflow since August 2011. Debt funds shed $2.7 billion.
Year-to-date outflows from emerging market stocks already amount to $12.2 billion, close to the $15 billion that fled during the whole of 2013, the data showed. Index-tracking exchange traded funds (ETFs) accounted for two-thirds of the exodus.
Bond fund outflows so far in 2014 are $4.6 billion, compared with $14.3 billion for the whole of last year.
In developed markets equity funds shed almost $5 billion in the week to Thursday.