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LatAm Equity Funds Soar
LatAm equity funds jumped 4.39% in the week ended May 15, the biggest return of the week, according to Lipper. EM funds rose 2.44%, while China region funds gained 2.22%. Dedicated short bias funds saw the week’s only drop, sinking 3.44%. LatAm outperformed the world equity funds group, that overall gained 1.66%.