Fund returns wane

Fund returns wane

Funds

Emerging market hard currency bonds returned a modest 0.35% in the week to March 6, according to fund performance data from Lipper. That was a sharp fall from the 1.13% increase such funds posted a week earlier, but still pushed the year-to-date returns to 1.3%, from 0.93% a week earlier. Local currency debt funds returned 0.94% over the week to March 6, slightly less than in the previous week. They’ve generated a 0.3% return since the start of January. International income funds rose 0.46%, whi

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