August 15, 2011
EM bond funds reversed gains from last week and shed $607m for the week end
EM bond funds reversed gains from last week and shed $607m for the week ending August 10, according to fund data company EPFR Global. The funds’ performance showed a loss of 2.6% for the week ending August 11, according to Lipper, but is still up 3.9% ytd. Meanwhile, global-income funds inched 0.6%% lower for the week, to yield 4.5% growth ytd. International income funds also slipped 0.8%, bringing the ytd return to 6.65%.