Looks like interest in emerging markets stocks from US investors is picking up (after a pause that took place during the escalation of the Eurozone crisis this year). Shares outstanding of Vanguard MSCI Emerging Markets ETF (VWO) hit a new record recently. According to Bloomberg the largest non-bank holder, interestingly enough, is the State of New Jersey employees pension fund with about $45mm (followed by asset managers Bridgewater and State Street).
Monday, October 8, 2012
US investors once again interested in emerging markets
at 3:09 PM