| From Pionline.com: Emerging markets debt is hitting record inflows as institutional investors turn to developing nations to bolster fixed-income returns. Jerome Booth, head of research, Ashmore Investment Management Ltd., said sovereign wealth funds have contributed a large part of the growth in emerging markets debt strategies overall, and they now account for about a quarter of the firm's total $33 billion in assets under management.
So far this year, emerging markets bonds have attracted $12.8 billion, about 60% more than the $8 billion recorded for all of last year.............................................Full Article: Source
|