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LatAm Equity Snaps Outflow Streak
LatAm equity funds booked inflows of $11m in the week ended November 2, according to EPFR, finally breaking a 13-week outflow streak. Meanwhile, EM equity funds booked inflows of $3.49bn. In terms of performance, EM equity funds lost 1.92% during the week ending November 3, according to Lipper, for a 13.78% loss ytd. Similarly, LatAm funds were down 2.47% on the week, for a ytd loss of 15.85%. Global small and mid-cap funds were down 2.76%, and are down 8.42% ytd.
