Portfolio flows to emerging markets (EM) stood at 15.1 billion U.S. dollars in July, lower than the 29.2 billion dollars in June, according to the report released Monday.
Equity and debt inflows to EM in July were 1.9 billion dollars and 13.2 billion dollars respectively, the report showed.
"Negative sentiment on emerging markets approached extreme levels during March, setting the stage for a period of stabilization and more two-way discussions on risks and opportunities in the EM space," the report said.
The IIF's report also noted that the advance was limited by concern about a resurgence in COVID-19 cases and the dim global outlook for growth.
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