High interest t-bills and overweights in Egypt and Nigeria aim to support a fund with a 7%-plus income distribution yield, according to Capital Group’s fixed income investment director.
Tag: Emerging market bonds
GSAM reduces EM bond exposure
Worsening US-China trade tensions have caused the firm to scale back holdings of risky assets including emerging market debt.
Merian turns risk on to EM bonds
US interest rates on hold, a stabilised dollar and more synchronised global growth rates support emerging market debt prices, argues Merian fixed income director Huw Davies.