South Korea-focused products led global country allocations with $3.03 billion, while U.S.-listed emerging-market ETFs posted their strongest intake since February 27.
BlackRock’s iShares MSCI South Korea ETF (EWY) pulled in more than $2.8 billion of net inflows last week, setting a weekly record and topping the fund’s previous $1.2 billion high from February. Roughly 25% of the ETF is allocated to SK Hynix. More broadly, South Korea investment products attracted $3.03 billion of net inflows, the largest total globally. U.S.-listed emerging-market ETFs also saw strong demand, taking in $4.39 billion, their biggest haul since February 27, driven by $4.22 billion into equity ETFs and $164 million into bond funds.