Fund outflows grow

Fund outflows grow

LatAm-dedicated equity funds lost $670m in the seven days to December 17 according to data from EPFR cited by Barclays. That was a third higher than the previous week, but accounts focused on the region escaped much heavier outflows in broader emerging markets accounts. Across emerging markets equity funds, investors pulled $7.02bn, a four-fold increase from the previous week, as contagion from the Russian rouble’s collapse scared markets. Barclays described the exodus as a buying opportunity, s

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