Fund losses deepen

Fund losses deepen

Funds

Latin American equity fund losses continued, although at a slower pace, in the week to December 11. The funds lost 5.71%, after losses of 7.02% in the previous week, according to Lipper. The two consecutive weeks of losses mean LatAm equity funds are now down 15.36% year-to-date. Emerging market equity fund losses also continued, falling 3.89% compared to 2.44% in the week to December 4. In fixed income, there were new losses in emerging market hard currency funds, which fell 2.52% in the week t

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