KM Financial Solutions | REUTERS SUMMIT-Emerging debt, unlike most fixed income, not expensive -TCW’s Foley
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REUTERS SUMMIT-Emerging debt, unlike most fixed income, not expensive -TCW’s Foley

REUTERS SUMMIT-Emerging debt, unlike most fixed income, not expensive -TCW’s Foley

Emerging market debt is a rare
fixed-income class that does not look too expensive, and could
be an even more attractive investment if the U.S. dollar
weakens, according to Penny Foley, portfolio manager for TCW
Group Inc’s emerging markets and international equities groups.

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