Data from Institute of International Finance showed that emerging markets sucked in $17.9 billion of portfolio flows in October, up from $7.5 billion the month before, buoyed by an improving outlook for the global economy and strength of the tech sector.
Debt accounted for the majority of inflows, mostly to emerging Asia and China, as investors were attracted by a steady pipeline of external issuance. Debt inflows were around $11.7 billion during the month.
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