Equity Funds See More Inflows

LatAm equity funds recorded inflows for the sixth time in the past 7 weeks, benefitting from more optimistic assessments of US prospects. Mexico equity funds raked in more cash than Brazil counterparts for the fifth time in the past 6 weeks, says EPFR Global. GEM equity funds accounted for $2.01bn, it adds. According to Lipper, LatAm equity funds saw positive performance on the week ended April 8, gaining 0.58% during the week and 2.81% year-to-date. EM equity funds gained 0.81% in the week and 6.03% ytd and global small and mid-cap funds gained 0.74% in the week and 6.87% ytd.