Emerging Markets Trade Sees Longest Carry Run Since 2008

Emerging markets debt is experiencing its longest "carry" trade run since 2008, with asset managers highlighting it as a high-conviction theme across the developing world.

23 Aug, 12:30 — 23 Aug, 12:30

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bloombergHigh7d ago

‘It’s a Carry World’: EM Trade Notches Longest Run Since 2008

Cathy Hepworth, who heads $1.5 trillion asset manager PGIM’s emerging-markets debt team, doesn’t hesitate when asked about her highest-conviction theme across the developing world: “Carry, carry, carry.”

By Vinícius Andrade and Srinivasan Sivabalan

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Emerging Markets Trade Sees Longest Carry Run Since 2008

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‘It’s a Carry World’: EM Trade Notches Longest Run Since 2008

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