EM Equity Funds Close to Record

EM equity funds are close to setting an all-time yearly inflow record, EPFR Global says. Net inflows in the year up to November 10 total $79.9bn. The record, set last year, is $83.3bn. However, according to Lipper, EM equity funds were down 1.65% in the week ended November 11, though are still up 18.60% year-to-date. Meanwhile, LatAm funds lost 3.48% in the week, but are up 17.34% ytd and global small and mid caps are down 0.86% in the week and up 18.25% ytd.