It is not as gloomy for EMs but most flows are going to Europe now: Cameron Brandt

US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists. Indian valuations are becoming attractive again. China sees cautious inflows with some investments directed towards Hong Kong equity funds. Investors await concrete policy impacts before increasing their investments in China. US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists. Indian valuations are becoming attractive again. China sees cautious inflows with some investments directed towards Hong Kong equity funds. Investors await concrete policy impacts before increasing their investments in China.  Economic Times