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Emerging equity funds post $5.9 bln weekly outflow

Reuters - UK Focus

LONDON, June 22 (Reuters) - Emerging equity funds excluding China A-shares posted outflows of $5.9 billion for the week to June 20, their highest redemptions since September 2015, data cited by Morgan Stanley (Xetra: 885836 - news) showed on Friday.

The outflows were mainly driven by selling from passive exchange traded funds, which hit $4.7 billion.

For emerging equity funds including China A-shares, outflows reached $5.2 billion.

(Reporting by Claire Milhench Editing by Alison Williams)