Emerging markets are hot. But while emerging-markets equity funds took in the bulk of their new assets during the stretch between late 2008 and early 2011, flows into emerging-markets bond funds have remained strong thus far through 2012. The category took in more than $10.6 billion through June, putting it well ahead of the already torrid pace of flows it experienced in 2010 and 2011. With more than $60 billion in total net assets, the category is now more than 3 times as large as it was in mid-2008.
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