Emerging Market Dollar Bond ETF Draws Biggest Haul Since 2023
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Investors are gravitating to dollar bonds to ride the rally in emerging-markets, and have poured the most money in two years into a fund tracking the asset class. BlackRock Inc.’s iShares JPMorgan USD EM Bond ETF, the largest US exchange-traded fund for EM sovereign and corporate dollar bonds, as pulled in $2.1 billion in the past five weeks, the most since December 2023, according to data compiled by Bloomberg. The $16.7 billion fund has soared some 8% this year, the best annual performance since 2019.