LatAm Equity Funds Attract Flows

While GEM equity funds posted modest outflows on the week ended March 3, LatAm enjoyed inflows, with Mexico equity funds hitting a 19-week high, according to EPFR Global. Performance was also positive for LatAm equity in the week ended March 4, with Lipper data showing an improvement of 4.34%. However, year-to-date they are still losing 3.62%. EM funds gained 4.14% in the week and are down 1.71% ytd while global small and mid-cap funds have risen 2.86% in the week and 0.45% ytd.