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

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

Documents and files


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Presentation (PDF)

17.4Q-Global-Funds-Outlook

English - January 26, 2018

Presentation (PDF)

4T17-Sit.-Fondos-Globales

Spanish - January 26, 2018

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