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# EM - 2022 [Rise of ETFs ‘destabilising’ emerging markets](https://www.ft.com/content/66c70d86-9333-4e06-b3b8-5b4da27710ab) Passive money most likely to be withdrawn during times of global stress, analysis finds [Caution intensifies despite already steep losses in 2022](https://www.ft.com/content/c62fab98-c27a-41a4-9f19-5fcd770021f2) ⏎ ⏎ [EM versus DM - JPM - John Normand](https://www.linkedin.com/feed/update/urn:li:activity:6922157317664743425/) # Parents * Emerging Markets
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