June 14, 2009
On the week ended June 10 EM Bond Funds “managed to extend their winning st
On the week ended June 10 EM Bond Funds “managed to extend their winning streak, the longest since Q3 07, as investors committed another $102m despite Latvia’s woe and the “haircut” Ecuador has imposed on holders of its sovereign debt,” says EPFR Global. As for performance, EM debt funds were up 0.20% on the week ended June 11 while other world income funds’ performance weakened, Lipper data reveals. Global income funds were down 0.18% and international income funds dropped 0.60%.