US fund flows to Asia surge

Overseas, and particularly US, buying of Asian assets is surging says Goldman Sachs.

According to a Goldman Sachs strategy piece, foreign investors remained massive net buyers of emerging Asia last week. Their net purchases amounted to $1.8 billion, compared to $914 million for the week before and $102 million for the week before that. Clearly all those CIOs who came to the CLSA investor conference went back to the US with a new view of Asia.

New money helps. US-based equity funds surveyed by AMG Data Services reported net...

To continue reading, please login or register for free

Click for more on: us | fund | flows | asia | surge

Print Edition

FinanceAsia Print Edition

CONFERENCES