Emerging market hard-currency bonds generally seem a better buy now than their local-currency equivalents, says Sergio Trigo-Paz, the US fund house's head of EM debt.
Tag : andrew swan
The US fund manager says much depends on the government, but expects economic growth to slow in the second half. As such, it is underweight Chinese banks.
Andrew Swan highlights an environment of low valuations in Asia combined with loosening monetary conditions. But Schroders underlines macro worries.