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Investing.com -- A surge of foreign investment was observed in emerging markets in February, with nearly $16 billion being added to portfolios. Investors exhibited a particular interest in Chinese stocks, as well as debt across developing economies, according to a recent report from a finance trade group.
Chinese stocks attracted a substantial investment of $11.2 billion. Despite this, emerging market equity portfolios experienced a net outflow of $2.1 billion last month due to selling in other regions. In contrast, fixed income presented a different scenario, with Chinese bonds recording a $15.1 billion outflow while emerging market debt elsewhere accumulated $33.2 billion.
The total net inflow to emerging market portfolios in February was $15.9 billion. This figure is lower compared to the $21.2 billion observed in January and the $27.8 billion recorded in February 2024, as per data from the Institute of International Finance (IIF).
The inflow to Chinese equities in February was the highest for any month since the previous September and the second highest in over two years.
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