Emerging-market currencies are on the mend after a pretty brutal selloff in the past few weeks. But it has been painful, and still is. Only six weeks into the year, and investors have already pulled out an eye-catching $18.59 billion from emerging market equity funds, according to Barclays, citing data from fund-tracker EPFR Global. “This brings the year-to-date outflows from equity funds to more than the whole of 2013,” the bank notes, pointing to net outflows of $15.26 billion last year.
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