'Figure 3: Portfolio outflows at record highs 'Figure 4: Disproportionate portfolio outflows to US and UK • .quartody 200 150 100 50 0 .$0 —Ewa ems Mt portfolio okras -100 I -150 2000 2002 2004 2006 2008 2010 2012 2014 Some: Doted* Oa.* EGO 50% Osnulieseporlle10 evillest 45% . Oa 2013.