LatAm Equity Outflows Continue

LatAm equity funds saw $36m in outflows for the week ended May 18, according to EPFR Global. EM funds saw $1.6bn in outflows during the week. Performance was also negative, as EM funds were down 0.6% for the week ended May 19, and 0.73%% ytd, according to Lipper. LatAm funds dropped 1.29% for the week, and were down 5.04% ytd. Meanwhile, global small and mid-cap funds were down 0.94% for that period, but are up 4.72% ytd.