Regional Fund Outflows Continue

Outflows from EM equity funds slowed in late November as risk aversion dropped in the face of continued interest rate cuts, new stimulus measures and the impending arrival of a new US administration, says EPFR Global. However, LatAm equity funds still lost $70m, while outflows from BRICS and Brazil focused funds leveled off. EM bond funds extended their losing streak to 15 straight weeks, adds the fund tracker.