J P M O R G A N Global Emerging Markets Equity Research 29 November 2024 EM Money Trail Tariff fears keep EM under fire EM Equity outflows continued for yet another week (-$4.3bn) after record outflows of -$6.6bn last week. Redemptions extended to five weeks with the cumulative sell-off now at -$20.3bn. Asia ex-Japan funds continue to account for the largest outflow share at -$2.7bn, cooling off from -$5.6bn last week. GEMs funds also posted large redemptions at -$1.5bn. EMEA outflows widened to - $116mn (- ...