Show notes
As the successful rollouts of effective Covid-19 vaccines have rekindled investor optimism, emerging markets have seen a comeback in recent months.
We believe that it is prudent to remain cautious on emerging markets for five reasons: overall debt burdens; Chinese credit impulse; deteriorating conditions across the largest developed markets; a lack of catalysts for EM currency appreciation versus the US dollar; and positioning.
Lisa Chua, Portfolio Manager, join Sandy Rattray and The CIO Agenda to discuss what lies ahead for emerging-market debt.