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‘ETFs Will Be Disproportionally Influential In Selloffs’: BofAML On EM Bond Funds

"...given their limited cash levels to absorb outflows and a more opportunistic investor base"...

https://heisenbergreport.com/2017/07/18/etfs-will-be-disproportionally-influential-in-selloffs-bofaml-on-em-bond-funds/