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Amundi sees continued upside in EM debt

The French asset manager points to opportunities in emerging market fixed income, with low volatility and signs of a sustained trend of stronger returns.

Emerging market bonds have staged an impressive rally this year after being largely out of favour since 2013 – and it is not done yet, argues French fund house Amundi. This has been the first positive return year for the asset class after three difficult years – such performance does not usually evaporate so quickly. So where should investors be focusing their attention?

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