US interest rate cut: Pimco, GMO refine EM playbook as Fed cut nears
Top-performing emerging-market bond managers are recalibrating positions as the most anticipated US interest rate cut in decades brings fresh impetus to an asset class buffeted by nearly $15 billion in outflows this year. Investors from Pacific Investment Management Co to Neuberger Berman and Grantham Mayo Van Otterloo (GMO) are eyeing local-currency debt and select reform … Read more
