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NEW YORK (MarketWatch) — Funds, sitting on huge advances scored by the market over the past three and a half months, are likely to overlook current market hesitations to hang onto their gains until the end of the quarter, analysts said.
With funds due to present statistics on their quarterly performance to clients in less than [...]

Emerging Markets Most Costly Since ‘07 on Fund Flood (Update2)
By Patricia Lui and Michael Patterson
June 2 (Bloomberg) — The four-week flood of money into developing-nation stock funds that drove the MSCI Emerging Markets Index to an eight-month high is sending the strongest sell signal since equities peaked in October 2007.
Inflows totaled $12 billion, or [...]