Investors Yank Cash from LatAm Equity

Investors Yank Cash from LatAm Equity

Funds

In the week ended September 2, investors pulled $185m out of LatAm equity funds amid a broader exodus from stocks, says EPFR Global. Investors withdrew $713m from diversified global emerging markets equity, while committing $80m and $67m respectively to EMEA and Asia ex-Japan equity funds, it adds. The fund tracker notes that the buyside generally steered the cash pulled out of money market funds into fixed income rather than equity. “With the summer holiday season winding down, investors starte

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