EM Fixed Income Funds Tick Higher

Emerging market debt funds posted a 0.19% pick-up in the week ended March 22, bringing the year-to-date gain to 1.41%, according to Lipper. Global and International funds had better performances for the week, with 0.23% and 0.33% returns, but their YTD rise is still almost 40 basis points shy of EM fixed income.