The market turbulence in Turkey has "clearly weighed" on investor appetite for emerging market assets, with outflows of $1.4 billion since Aug. 9, the Institute of International Finance said Thursday. Most of the outflow has been in stocks, with a much smaller outflow of bonds. South Africa and China were hit hardest, the IIF said. There has also been a modest retrenchment in emerging market countries in Asia. In contrast, Brazil, Thailand and Qatar saw net inflows, the report said.
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