| 02.03.2010 Opalesque Exclusive: CDS contracts costlier due to higher sovereign credit risk in the euro-zone, emerging markets lure investors |
| From Sagar Chakraverty, Opalesque Asia: Today investors are putting their money in emerging markets because of increasing sovereign credit risks amidst deteriorating fiscal situations in the developed world. This has made developing nations a preferred investment destination, according to PIMCO’s Feb-10 edition of ”View points” expressed by senior vice president, Tony Crescenzi . The |