December 17, 2007
LatAm equity funds lost 3.81% in the week ended December 13, according to L
LatAm equity funds lost 3.81% in the week ended December 13, according to Lipper. The performance was much worse than the 2.29% average loss for the 2,622 World Equity funds tracked by the service. However, it was less severe than China Region funds, which dropped 7.15%. The market reacted poorly to the Fed's meager 25bp cut on Wednesday and external conditions look set to remain choppy with a bearish bias through year-end.