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LatAm Equity Funds Lose Cash
EM equity funds had inflows of $667m in the week ended October 19, though LatAm equity funds dragged them down, with outflows of $188m, according to EPFR. EM funds lost 2.01% of their value during the week ending October 20 according to Lipper, for a 19.87% loss ytd. Similarly, LatAm funds lost 1.98% for a ytd loss of 21.80%. Global small and mid-cap funds lost 1.14%, and are down 12.96% ytd.
