Loading ...Right now, we sort of like emerging market debt. We’re not getting involved with real trouble spots — you might succeed mightily in Argentina or Turkey — but we’re trying to do it in a lower-risk fashion.
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Emerging markets have suffered from the dollar having risen earlier this year. We believe the dollar is going to go down. The fact that the dollar is starting to fall again enforces that view. When the dollar goes down, you’re going to be better off in emerging markets.