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LatAm Equity Pales Beside Bigger EM Flows
EM equity funds brought in $2.19bn during the week ending February 15, but LatAm equity accounted for just $34m of that total, according to EPFR. Meanwhile, LatAm funds saw a 0.25% return during the week ending February 16, and are up 17.29% on the year, according to Lipper. EM funds gained 0.05% during the week and have risen 14.58% on the year. Global small and mid-cap funds, by comparison, are up 0.65% on the week, and 13.32% on the year.
