Investors Are Dumping These Southeast Asia Funds
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Overseas investors in Southeast Asian stocks are selling out at the fastest rate in almost a decade, as key markets in the region get caught up in the escalating trade war.
A group of U.S.-listed exchange-traded funds operated by BlackRock Inc.’s iShares unit -- tracking shares in countries including Singapore, Indonesia, Malaysia, the Philippines and Thailand -- posted net outflows of $86.5 million on May 13, the most since at least September 2010, according to data compiled by Bloomberg.