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Why Investors Shouldn't Forget About Emerging Market Debt

Why Investors Shouldn't Forget About Emerging Market Debt
institutionalinvestor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from institutionalinvestor.com Daily Mail and Mail on Sunday newspapers.

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Commodity run dwarfs oil spat as emerging markets set to win


Commodity run dwarfs oil spat as emerging markets set to win
Commodity run dwarfs oil spat as em.
For some of the worlds biggest money managers, the OPEC+ oil-price feud is little more than a sideshow when it comes to emerging markets.
Investors and strategists at JPMorgan Chase and Goldman Sachs say the post-pandemic economic recovery will stoke demand for raw materials across the board, buoying commodity-sensitive assets regardless of whether a crude accord is reached. Russia and Colombia are among the countries that stand to benefit in particular, according to Whitney Baker, the New York-based founder of Totem Macro, which advises funds overseeing more than $3 trillion. ....

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Commodity Boom Dwarfs Oil Spat as Emerging Markets Set to Win

Commodity Boom Dwarfs Oil Spat as Emerging Markets Set to Win
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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JPMorgan Sees Buy-the-Dip Moment in Emerging-Market FX Rout


JPMorgan Sees Buy-the-Dip Moment in Emerging-Market FX Rout
Bloomberg
3/8/2021
Farah Elbahrawy
(Bloomberg) The worst selloff in emerging-market currencies since the beginning of the pandemic is tempting some of the world’s largest money managers to boost their bets on beaten-down securities.
Pierre-Yves Bareau, the London-based head of emerging-market debt at JPMorgan Asset Management, said the case is particularly compelling for commodity-sensitive currencies, which look poised to rebound.
“Wait for some U.S. dollar bounce and buy dips,” he said in an interview.
Bareau is among a cadre of investors who are betting the recent turmoil across developing nations will be a mere blip in an otherwise upbeat backdrop. On Monday, MSCI’s emerging-market currency gauge headed for its biggest decline since March 23. The index, which slid to a four-month low, also fell past its 100-day moving average, suggesting the possibility of add ....

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