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Investors Withdraw $777M From iShares ETF

Investors have taken out around $777 million from the iShares MSCI Emerging Markets Fund.

    Investors have taken out around $777 million from theiShares MSCI Emerging Markets Fund (EEM),Index Universereports. The vehicle had around $39.03 billion in assets at the end of the trading session on Feb.1, down from $46.36 billion on Jan. 18.

    TheVanguard MSCI Emerging Markets ETFhas taken over the EEM as the biggest emerging markets ETF. Investors have also taken out $64 million from theiShares FTSE/Xinhua China 25 ETF, leaving assets at $7.36 billion.

    Click here for the story fromIndex Universe.

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