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Re-emerging markets: investors will be back
There were record-breaking investor outflows from emerging markets debt in 2022 and 2023. So far, 2024 hasn’t seen much of that capital rushing back. A peak and decline in US interest rates has typically been a favourable backdrop for the asset class, however, and it is only a matter of time before investors turn their spotlight back onto its attractive inflation and growth dynamics, strong corporate fundamentals and notable turnaround stories. […]