Emerging market debt more attractive to investors in 2024

  • International
  • 4 January 2024
1

A report issued by Bloomberg showed that the world's major investment and asset management institutions tend to move more towards emerging markets during 2024, and to increase investment in the bonds of these markets denominated in the local currency, to benefit from the high returns on them.

According to prominent investment banks, including Bank of America, BNP Paribas, JPMorgan and others, the decline in interest rates in the United States and the dollar’s peak are considered among the most important positive factors for emerging markets. These financial institutions prefer to invest in local debt rather than invest in their stocks in light of the ambiguity of China's growth expectations.

Source (London Al-Arab newspaper, edited)

 

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