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Local-currency EM debt is Ashmore’s pick for 2016

Joe Marsh
The “most hated asset class of the last few years” will be the best performer in 2016, argues Jan Dehn, head of research at UK fund house Ashmore.
Local-currency EM debt is Ashmore’s pick for 2016

Emerging-market debt – especially in local currencies – has been out of favour in recent years but is starting to attract attention again, and for good reason, says Jan Dehn, head of research at UK fund manager Ashmore. He cites five arguments why he thinks local-currency EM bonds will be the best-performing asset class this year.

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