As its clients took out money from emerging markets, Aberdeen Asset Management Plc reported net outflows of £4.4 billion in the fourth quarter, Bloomberg reported.
outflows
Data from TrimTabs Investment Research showed that US-listed bond mutual funds and exchange traded funds or ETFs posted outflows of $34 billion in December, Reuters reported.
Data from Thomson Reuters Lipper service showed that investors of US-based stock mutual funds pulled out a total of $6.51 billion in the week ending December 11, Reuters reported.
According to a recent Lipper report, there have been fifteen weeks of outflows recorded for 2013.
Goldman Sachs Group Inc. recommended India to reduce stock holdings after its recorded investors exit in July, resulting to a cut on India's shares rating.
Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.
Investcorp's Skrill sale made bankers prepare for debt investment of around GBP300 million or US$456.16 million.
Foreign investors, such as China and Japan, have started divesting their US bond holdings.
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