Sky-high equity valuations and near historic low yields in fixed income has left fund managers looking elsewhere for returns.
Humanitarian disaster and political issues need fixing
Countries such as Mexico and Colombia affected
Hard currency (HC) and local currency (LC) emerging market debt (EMD) have already delivered 13% and 10.3% this year respectively.
Rhetoric will not halt rise in prices
Brad Tank, CIO of fixed income at Neuberger Berman, asks whether the political trouble in Venezuela will hurt emerging market growth for years to come.
Four factors for a super-Goldilocks economy