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J. Safra Sarasin: “Most interesting” fixed income opportunities lie in EM local currency

J. Safra Sarasin

J. Safra Sarasin believes emerging market (EM) local currency bonds currently offer investors the “most interesting” opportunities within fixed income owing to a benign growth outlook and potential local currency appreciation. “They should perform well if growth in EMs accelerates in the second half of the year as we expect,” Philipp Baertschi, J. Safra Sarasin’s CIO, told Asian Private Banker….

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