LatAm Gains Help Offset EM Equity Outflows

LatAm equity funds booked inflows of $48m in the week ended December 7, according to EPFR. This helped offset losses in other regions which contributed to $159m of outflows for EM equity funds during that period. In terms of performance, EM equity, fell 2.37% during the week ending December 8, and is down 18.45% on the year, according to Lipper. Similarly, LatAm funds lost 1.49% on the week, and have dipped 20.06% ytd. Global small and mid-cap funds were up 1.79% on the week, but are down 12.70% ytd.