The technology sector bucked the trend, posting the largest inflows since March. Financials, on the other hand, posted the largest outflows, as yield curve flattens and investors take profits.
MSCI’s index changes, as well as Chinese regulators clamping down on capital flight and unregulated financial products, have investors looking anew at the country’s domestic equity funds.
Informa’s chief macro strategist weighs in on what’s to come.
Though if it were to err, there could be a third hike in December.