The EMD hard currency (HC) asset class has declined by 4.75% since the beginning of the year.
The correction was primarily driven by the 65bps 10-year US Treasury widening, although EM spreads over US Treasuries did not manage to hold their gains moving up by 70bps as well. Are we in a bear...
Joe McDonnell joins as head of portfolio solutions (EMEA)
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253 deals in 2018
Changing fund structure