Emerging market debt funds gain, equities still shaky

Emerging market debt funds gain, equities still shaky

Funds

Emerging market debt funds experienced a slight rebound last week, following poor performance the previous week. Emerging market hard currency bonds gained 0.48% in the week to February 6, after falling 1.03% the week before, according to fund performance data from Lipper. Local currency debt funds were up 1.25% in the week, compared to a 1.8% drop last week. International income funds were up 0.46% after a 0.41% drop. “Last week we saw such a selloff that some investors were compelled to jump b

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