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Opinion: Emerging markets have the potential to bring about positive ESG changes

Opinion: Emerging markets have the potential to bring about positive ESG changes
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Marcin Adamczyk , Brazilian Government ,

$230 Billion IMF Windfall Lures Investors Into Riskiest Debt Markets


$230 Billion IMF Windfall Lures Investors Into Riskiest Debt Markets
Jul 30 2021, 3:30 PM
July 30 2021, 9:30 AM
July 30 2021, 3:30 PM
(Bloomberg) A windfall of more than $230 billion from the International Monetary Fund for emerging and developing nations is luring investors into the riskiest debt markets.
(Bloomberg) A windfall of more than $230 billion from the International Monetary Fund for emerging and developing nations is luring investors into the riskiest debt markets.
Countries like Pakistan, Ecuador and Turkey stand to receive a flood of resources to help them deal with Covid-19 health costs. The package is expected to be approved in the coming days.
The last time that the Washington-based fund took such an extraordinary step was back in the 2009 financial crisis, and it kicked off a month-long rally in high-yield emerging-market debt. Vontobel Asset Management AG, NN Investment Partners and Union Bancaire Privee Ubp SA say history can rep ....

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