LatAm equity funds up year-to-date

LatAm equity funds up year-to-date

Funds

A fourth week of positive returns has pushed Latin American equity funds to year to date gains of 1.49%, according to Lipper. A week earlier, they recorded a year to date loss of 0.39%. Still the rate of return slowed: LatAm funds gained 1.89% in the week to April 10, down from 2.09% and 4.59% in the previous weeks. That echoed a trend across emerging market equity funds, which have returned 0.67% this year after gaining 1.69% last week. Meanwhile, bond returns improved for both hard and local c

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