EM Bonds Get Inflows

EM bond funds took in $144m in fresh money in the week ended January 19, with all of it going to funds with mandates for local currency denominated debt, says EPFR Global. However, performance suffered in the week ended January 20, according to Lipper, which says EM debt was down 0.74%. Year-to-date they have lost 0.28%. Meanwhile, global income funds lost 0.32% in the week and 0.28% year-to-date and international income funds lost 0.13% in the week and 0.73% ytd.