LatAm Equity Sinks

LatAm equity funds lost 5.70% in the week ended March 6, according to Lipper. The drop was less severe than that of China Region funds, which lost 6.81%. EM Equity funds fell 4.96% in the same period. LatAm underperformed the World Equity funds group, which, as a whole, had an average loss of 3.97%. Only two fund groups registered positive returns last week, according to Lipper. US Dedicated Short Bias funds rose 6.79%, while Gold Oriented funds climbed 0.52%.