And of course, when markets are at their peak, as we see today, we're seeing more and more inflows of equity type mutual funds, and when markets go down, then we see a lot of outflows of equity type mutual funds, so we're doing the exact opposite of what we should be doing because of the emotion that's involved with our money. (purefinancial.com)
The IIF said the estimates, which include unrecorded flows captured by net errors and omissions, are based on official reserve data and mark a 22nd straight month of outflows from China. (fortune.com)
Thanks to the heavy intervention by the People's Bank of China (PBOC), the value of the Chinese renminbi has recovered and the pace of capital outflows in February was roughly half of that in January (when more than $ 110 billion left China). (fortune.com)