But this approach by developed-country governments is allowing emerging-market banks to take the lead in servicing investors in their local debt markets, argues Jan Dehn.
Tag : local-currency bonds
As State Street's ABF Pan-Asia Bond Fund celebrates its fifth anniversary, demand is growing for Asian local-currency bonds, despite rising interest rates.
Sovereign wealth funds shifted towards more passive strategies and increased equity exposures last year, according to a recent survey. But there is potentially a lot more for them to invest.