No prizes for guessing what happened to emerging market funds this week. Emerging market funds saw $10.5 billion of outflows this week, the largest weekly redemptions since January 2008, according to data analysis by Bank of America Merrill Lynch.
Sourced through Scoop.it from: blogs.wsj.com
Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.
Kenneth Carnesi 
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