Another Pension Fund Reduces EM ETF Exposure

The New Jersey Pension Fund and the Ontario Teachers’ plan were not alone in parting ways with EEM and VWO during the first quarter. In the first three months of 2014, the ETFs saw combined outflows of over $11 billion. [Cash Comes Back to EM ETFs]

Those departures may have been hasty as EEM and VWO each closed at their highest levels since October on Wednesday.

iShares MSCI Emerging Markets ETF

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EFA, EEM, IEMG and QQQ.