EM Bonds Attract Flows

EM bond funds absorbed fresh money for the 15th week in a row, according to EPFR Global. Performance was also positive, with Lipper data showing that EM debt funds gained 0.29% in the week ended February 18 taking them to a 0.48% rise year-to-date. Meanwhile, global income funds lost 0.08% in the week and have gained 0.47% ytd and international income funds shed 0.39% in the week.