April 28, 2014
Inflows to Latin America last week drove overall inflows to EM equity funds for the fifth week running, according to EPFR data cited by RBS. Investors placed $450m in LatAm equity funds in the week to April 23, while cash left other regions, according to research from Barclays also citing EPFR data. In bonds, local currency outflows resumed — $180m — though inflows to hard currency funds came to $110m, according to Barclays. Problems in the Russia and Ukraine may have put the brakes on inflows.
Fund Flows: Latin America shows best equity performance, while local currency bond fund flows sink again