US-based LatAm equity funds see inflows, break 11-week negative streak

US-based LatAm equity funds see inflows, break 11-week negative streak

Capital Markets Equity Funds Regions

Investors in US-based Latin American-focused equity mutual and exchange traded funds broke an eleven-week streak of net outflows and saw assets under management (AUM) surge by nearly $1 billion, underpinned primarily by rising stock prices, new data showed on Thursday. In the week ended May 27, the net inflow of $43.2 million from 25 US-based funds monitored by mutual fund tracking service Lipper, a division of Refinitiv, was compounded by a sharp increase in equity markets. Up until this latest

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