Equity and Debt Funds Erode Gains

Equity and Debt Funds Erode Gains

LatAm equity and EM debt funds both lost money in the week to December 10, according to Lipper, which shows both fund classes still enjoying a banner year. LatAm equity lost 2.26% in the period, more than the average 1.75% loss suffered by world equity funds and the 1.57% hit taken by EM equity. However, LatAm equity funds are still clutching a huge 111.52% return for the year to date, versus an average 40.55% gain for world equity and 72.01% for EM, Lipper data show. EM debt meanwhile shed 0.67

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