Recently, the wave of US dollar depreciation has drawn widespread attention in global markets. As the world’s primary reserve currency, fluctuations in the dollar’s value not only impact the economic trajectory of the United States itself but also trigger far-reaching ripple effects across the global economic landscape. Currently, the global economic structure is undergoing accelerated fragmentation: emerging markets face capital outflows and debt pressures, while resource-rich countries may enjoy short-term windfalls. The relationship between the dollar cycle and capital flows is complex, with discrepancies between fund movements and actual exposures, as well as pronounced concentration risks in sectoral capital inflows. Additionally, the divergence in asset allocation between domestic and international active funds has widened.
This online seminar will leverage EPFR global fund flow analysis and CEIC macroeconomic data to dissect these intricate and dynamic trends, helping you identify investment opportunities and risks. Registration is now open—join us!
Outline:
- Macro Divergence and Differentiated Economic Performance
- The Interplay Between the Dollar Cycle and Capital Flows
- Opportunities in Emerging Markets
- Fund Flows vs. True Exposure: A Growing Disconnect
- Sectoral Imbalances: Concentrated Capital Inflows
- Diverging Allocation Strategies: Domestic vs. International Active Funds
Time & Date: 10:00 a.m. - 11:00 a.m.（GMT+8）, Aug. 7, 2025
Language: Chinese
Speaker:
- Ranping Chen
Macro Economist, Greater China Region, ISI Markets (CEIC) - Xinlei Shen
Head of Quantitative and China Research, ISI Markets (EPFR)
