EM Equity Flows Surge

EM equity funds brought in $3.52bn in inflows for the week ending February 1, marking a new high over the last 43 weeks, according to EPFR. LatAm funds accounted for $254m of that total. LatAm funds are up 2.89% for the week ended February 2 and 15.63% on the year, according to Lipper. EM funds gained 2.65% on the week and have risen 12.72% on the year. That compares to a 2.40% weekly rise among global small and mid-cap funds, which have climbed 10.47% on the year.