Global Bond Gloom Makes Emerging-Market Investors Selective
- DuPont is betting on Mexican peso and Eastern European debt
- Pimco likes countries from Argentina to Mongolia and Ukraine
Investec's Stopford Doesn't See Bear Market in Bonds Yet
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The likelihood that emerging-market debt won’t deliver the same returns this year as in 2017 has gotten some of the biggest players repeating a similar mantra: be more selective.
Pacific Investment Management Co. likes Argentina, Brazil and India. DuPont Capital sees Eastern European debt outperforming. Schroders Plc and GAM UK Ltd. are both bullish on local-currency notes.