LatAm Equities Turn Positive

LatAm equity funds turned around and this week show the best performance compared to other world equity funds, says Lipper. On the week ended December 11, LatAm funds were up 16.64%. EM equity funds weren’t far behind, increasing 11.33% while global small and mid cap funds increased 4.89%. However, the fund tracker’s data reveals that year-to-date performance still has LatAm funds as the worst performers, down 57.91%. EM funds are down 56.35% year-to-date and global small and mid caps are down 48.37%.