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Private banks differ on emerging market bond strategies

After underperforming for several years from 2011 due to declining commodity prices and decelerating economic growth, emerging market (EM) bonds have recovered significantly over the past year. Emerging market bonds saw a substantial US$37.8 billion in net inflows in 2016, according to fund data provider EPFR Global. Amid the recovery and growth of EM bonds, Asian private banks hold different…

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