IMA RESEARCH FLOW

新兴市场 时间线

更新标记：2026-06-15 ｜ 按主题与实体时间线组织机构观点
资金流、指数与再平衡

FX洞察：AI乐观情绪下，资金持续流入美国股票

Nomura ｜ 野村-FX洞察：AI乐观情绪下，美国股票的资金流入保持强劲 Nomura-FX Insights：Inflows into US equities remained robust amid AI optimism-260609.pdf
AI算力与半导体产业链

**新兴市场AI采用或快于预期，技术“蛙跳”带来生产率上行惊喜（Goldman Sachs）**

｜ Goldman Sachs-Global Economics Comment： EM Technology Adoption Cycles and Implications for Artificial Intelligence-260521.pdf
宏观政策与利率汇率

新兴市场4月回顾：霍尔木兹封锁下，EM权益创历史新高

新兴市场并非铁板一块，AI科技浪潮正推动亚洲EM股市无视地缘风险再创新高，内部分化极其严重。

J.P. Morgan ｜ J.P. Morgan-Emerging Markets Equity Strategy：April 2026 Wrap – EM Equities at all~time highs through the Strait of Hormuz blockade-260505.pdf
资金流、指数与再平衡

新兴市场外资大幅流出，但对冲基金4月强劲逆转，基金业绩收复失地

Goldman Sachs ｜ Goldman Sachs-EM Weekly Fund Flows Monitor：Heavy foreign selling w w， led by Taiwan； Asian Hedge funds reversed two~thirds of their March sell~off in April； EM Asia MFs gained 14~16% in April， and have now fully recovered to prior ytd peak-260501.pdf