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 : emerging market debt
Hedge funds, urged by banks to buy big into EM debt ahead of Japanese institutions, were left high and dry, says the UK fund house's co-head of research.
For many insurance companies, pension funds and banks, the need to diversify bond portfolios abroad is understood, but few seem prepared to act.
