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LatAm Equity Funds See Outflows
LatAm equity funds saw $90m in outflows for the week ended June 15, according to EPFR Global. EM equity funds, meanwhile, had $830m in outflows. Mexico equities saw the highest losses in the region at $73m, while Brazil equity funds bucked the trend with $47m in inflows. Performance was negative, as EM funds fell 3.14% for the week ended June 16, and are down 3.79% ytd, according to Lipper. LatAm funds are lower by 3.76% for the week, and remain down 7.08% ytd. Meanwhile, global small and mid-cap funds fell 2.76% for the week, and are negative 0.54% ytd.
