Emerging Market Debt Appears Poised for a Revival
The big yield advantage they enjoyed over developed countries’ debt issues has narrowed, but EM paper retains other pluses.
The big yield advantage they enjoyed over developed countries’ debt issues has narrowed, but EM paper retains other pluses.
The industry also is expanding its exposure to stocks and alts, amid rising rates.
Impact investing and longer-duration bonds are on the buy list, says Nuveen.