EM countries have hiked earlier and faster than DM countries, keeping a lid on domestic inflation and allowing a select few EM central banks to end their hiking cycles. We advised VP clients to be selective in EM, with Brazil local sovereign debt offering safe harbor.
Be selective as EM hiking cycles end
Be selective as EM hiking cycles end
Be selective as EM hiking cycles end
EM countries have hiked earlier and faster than DM countries, keeping a lid on domestic inflation and allowing a select few EM central banks to end their hiking cycles. We advised VP clients to be selective in EM, with Brazil local sovereign debt offering safe harbor.