"Lipper's Emerging Markets Funds peer group (including both mutual funds and ETFs) experienced net outflows of $1.1 billion for the fund-flows trading week ended Wednesday, Aug. 28. This negative net flow marked the tenth net outflow in the last eleven weeks for the peer group during which over $11.8 billion has left the group's coffers. As part of this slump, the emerging markets funds group suffered the worst weekly net outflow in its history (Lipper began tracking fund flows data for this group in 1993) as $4.1 billion left during the fund-flows week ended Aug. 7. The group has recorded a net negative flow of $10.2 billion for the quarter to date putting it on pace to surpass the second quarter of 2013 (-$13.7 billion) for its worst quarterly fund flows result ever," as per a new report via Refinitiv. 

Most of the -$8.6 billion net outflow during 3Q19 for emerging market funds have been seen in ETFs as opposed to mutual funds (-$1.6 billion): iShares MSCI Emerging Markets ETF (EEM, -$5.6 billion) and iShares Core MSCI Emerging Markets ETF (IEMG, -$2.6 billion) were the two largest individual negative net flows for ETFs. GMO Emerging Domestic Opportunities Fund(-$292 million) was the largest net outflow amongst mutual funds.