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cumulative outflow from regional equity funds over nine weeks |
Latin American equity funds continue to struggle after their losing streak extended to 10 consecutive weeks, according to EPFR Global.
In the week ending March 25 there was $476 million of net outflow from regional equity funds, bringing the cumulative outflow during this period to more than $6 billion.
The trend has probably eliminated the chance of new issuance in Latin America’s equity capital markets in the near future in a year when many observers expected record volumes.
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