October 17, 2011
EM equity funds saw outflows of $904m in the week ended October 12, while L
EM equity funds saw outflows of $904m in the week ended October 12, while LatAm equity funds lost $409m, according to EPFR. Performance, however, improved. EM funds finally showed a weekly gain, of 5.85% during the week ending October 13 according to Lipper, for a 18.18% loss ytd. Similarly, LatAm funds rose 4.96for a ytd loss of 20.25%. Global small and mid-cap funds gained 4.45%, and are down 11.96% ytd.