Investors Thirst for Risk

Investors Thirst for Risk

Funds

Investors are rotating out of money market funds and into riskier assets, according to EPFR Global, which notes solid receipts for LatAm equity. Data through April 30 – which do not reflect the Brazil sovereign upgrade of that day – show flow of $336.6m into LatAm regional equity funds, taking assets under management (AUM) to $50.52bn. This compares to $804.5m receipts in the previous week. “Investors are getting more risk back in their portfolios,” says Brad Durham, an MD at EPFR Global. He hig

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