The IIF Capital Flows Tracker includes all of our current portfolio flows data (previously included in our Portfolio Flows Tracker) as well as the broader net capital flow estimates. It is released near the end of each month, and both data sets (portfolio flows and net capital flows) are available for download below. Estimates in the tracker will also feed into our quarterly EM Capital Flows Report.
During August, EM stocks and bonds suffered the worst outflows since November-2016. Our broader measure of net capital flows, which lags by one month, shows a reversal of net flows from June to July, from -$42.0 bn to $5.2 bn.
Portfolio flows to Emerging Markets were $40.8 bn in June, the highest level in 5 months. Our tracking shows a surge in flows, driven by a strong recovery in Chinese equities. Equity and debt flows were $12.6 billion and $28.2 billion, respectively. Net capital flows into EM were -$18.6 billion in May.