EM equity fund flows disappoint GSAM

Flows into emerging market equities, including Asian stocks, have not reflected the strong performance of certain EM stock markets this year, says Katie Koch, senior portfolio manager of Goldman Sachs Asset Management. But that means it’s a good time to get in, she stresses. “[EM equity flows] haven’t picked up as much as we thought they would,” notes London-based Koch, who is also chief of staff to GSAM chairman Jim O’Neill. Just $11 billion net has been invested in EM equity f…