Global Funds Outlook 4Q17 | Still sunny in Emerging Markets. Clouds in the horizon?
Published on Friday, January 26, 2018
Global Funds Outlook 4Q17 | Still sunny in Emerging Markets. Clouds in the horizon?
Summary
In 4Q17, solid net inflows to Global Investment Funds (GIF) continued to decelerate, but only slightly backed by global factors: macro outlook, oil prices and subdued volatility. Inflows to GIF shall continue to cool down as the unwinding of central bank balance sheets starts draining liquidity off the markets. Our baseline scenario assumes a smooth normalization process.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
- Financial Markets
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Authors
Sonsoles Castillo
BBVA Research - Chief Economist for Financial and Economic Analysis
Juan Navarro
Alejandro Neut
BBVA Research - Lead Economist
Alfonso Ugarte
BBVA Research - Principal Economist