New Paper Warns of Exodus From Emerging Market Bond Funds

Low interest rates have incited a craze for risky bonds in fast-growing economies, and few fund companies have been more adept in meeting this demand than Pimco, the world’s largest bond manager. Over the past four years, Pimco’s flagship emerging market local currency fund grew to more than $12 …

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New Paper Warns of Exodus From Emerging Market Bond Funds

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