Bargains Available as EM Outflows Continue: El Erian
A sharp sell-off in EM has led to buying opportunities across the asset class following a “severe technical adjustment” that is likely to have run its course, Pimco CEO and co-CIO Mohamed El Erian tells LatinFinance. The retreat of crossover investors from global EM has led to investment opportunities, especially in local currency and rates markets. “What happens still in Latin America is the...
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