FYI: Investors tired of the measly returns in junk bonds are shifting their money to emerging-market debt.
Funds are flowing into developing-nation assets as traders pulled cash from high-yield funds in recent weeks. Investors at Deutsche Asset Management and Brandywine Global Investment Management, who have more than $170 billion under management, say they are making the switch in pursuit of higher yields with less risk.
Regards,
Ted
https://www.fa-mag.com/news/investors-fleeing-junk-see-less-risk-in-emerging-market-debt-34800.html?print
