LatAm Equities Enjoy Inflows

In the week ended January 12, LatAm equities registered inflows of $369m, according to EPFR Global. Brazil dedicated funds saw inflows of $612m, despite some talk from policy makers about currency wars, EPFR says. Meanwhile, Mexico funds suffered outflows of $112m, while GEM funds had inflows of $283m. The performance of LatAm funds was also positive in the week ended January 13, gaining 0.45%, according to Lipper, but they are down 0.55% year-to-date. Meanwhile, EM funds rose 0.17% in the week. They are up 0.53% ytd, while global small and mid-cap funds gained 1.39% in the week and are ahead 1.53% ytd.