The United Kingdom, Singapore, the United States, Luxembourg and Norway were the top five investor countries for the month, with combined share to total of 88 percent.
Gross outflows for the month of $1.04 billion were higher by 1.6 percent or by $17 million than the level recorded for April 2021 of $1.03 billion. The US was destination of 69.5 percent of total outflows. Transactions for BSP-registered foreign portfolio investments from January to the first week of June 2021 yielded net inflows of $230 million.
This was lower than the $3.08 billion net outflows noted for the same period in 2020 amid the impact of the COVID-19 pandemic on the global economy and financial system.• 4.
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