LatAm Equity Fund Flows Hit Highs

Flows into LatAm equity funds hit an 8-week high in the week ended March 17, while flows to Mexico equity reached a 101-week high, says EPFR Global. However, according to Lipper data, LatAm equity funds lost 0.90% in the week ended March 18, bringing year-to-date performance to a negative 0.72%. Meanwhile, EM equity funds gained 0.98% in the week and have risen 2.18% YTD. Global small and mid-cap funds dropped 0.94% in the week and have lost 4.26% YTD.