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Equity Funds Lose Flows
EM equity funds saw outflows of $130m during the week ending March 28, with LatAm equity funds accounting for $334m in outflows, according to EPFR. LatAm funds saw a 0.04% gain during the week ending March 29, and are up 14.63% on the year, according to Lipper. EM funds lost 0.22% during the week and have risen 13.14% on the year. Global small and mid-cap funds, by comparison, were up 0.85% on the week, and 13.91% on the year.
