Equity Funds Shed Cash

LatAm equity funds saw net outflows of $62m while EM equity funds saw net outflows of $1.78bn during the week ended September 5, according to EPFR. In terms of performance, LatAm funds gained 2.72% during the week ended September 6, and are up 3.79% year-to-date, according to Lipper. EM funds rose 1.85% during the week, to bring them to a ytd gain of 7.41%. Global small and mid-cap funds rose 2.94% on the week, and have earned 11.84% ytd.