Mixed Reviews for EM Bond Funds

EM bond funds posted inflows of $572m in the week ended January 27, EPFR Global says, adding that flows into funds investing in local currency issues accounted for nearly all of the money this fund group absorbed. Meanwhile, performance for the week ended January 28 was negative, according to Lipper. EM debt funds were down 0.66% in the week, but they are up 0.22% year-to-date. Global income funds dropped 0.33% in the week, but have gained 0.80% ytd and international income funds lost 0.38% in the week while rising 0.44% ytd.