Think emerging markets are risky? You seem to be in the minority. Retail investors across the US, Europe and Japan have poured money into emerging market debt funds over the past four years: about $180bn, according to JPMorgan. After a volatile year for emerging markets, only Japanese investors have been selling the funds in any bulk. It might take a little more than a shaky end to the year to generate more outflows.
新興市場的風險太高？這麼想的人似乎是少數。過去四年裏，歐美和日本的散戶投資者已將大把資金投入新興市場債券基金：根據摩根大通(JPMorgan)的數據，這些資金的總規模大約爲1800億美元。在新興市場遭遇了動盪的一年之後，只有日本投資者一直在大量拋售這類基金。看來，即便年底動盪，也不足以讓更多資金撤出的。
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