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LatAm Equity Sees Robust Gains in May
LatAm equity funds gained 8.25% in May, scoring the highest returns in the month out of all the equity fund categories tracked by Lipper. EM funds rose 1.95%, while China region funds lost 2.15%. Dedicated short bias funds experienced the biggest drop of the month, sinking 3.71%. Year to date, LatAm funds have gained 15.95%, while China region funds have lost 15.36%. EM fund have lost 2.85% so far in 2008.
