EM Equities See More Outflows

LatAm equity funds saw $256m in net outflows for the week ending August 17, according to fund data firm EPFR Global, as investors continued to flee risk assets against a backdrop of losses in markets around the globe. EM equity funds, meanwhile, saw $2.8bn leave the asset class for the week. EM equity funds fell 1.19% for the week ending August 18, and are down 13.41% ytd, according to Lipper. LatAm funds managed a gain of 0.59% for the week, but are down 16.05% ytd.