Emerging Markets

Declines in sovereign yields have cost investors more than $500 billion in income over the past five years and are pushing them to wade deeper into emerging market debt.
Amid a deepening recession, the Buhari government plans to tap the Eurobond market for $1 billion to fill a yawning budget gap.
Clinton, Trump neck and neck before debate; Moody’s lowers Turkish debt to junk; Wenner sells 49 percent of Rolling Stone.
Despite a recent slump, fundamentals seem to be pointing toward a brighter outlook. The risk: The easy money has been made.
The country’s economic fundamentals have not been affected by the thwarted military putsch in mid-July.
Investors welcome the government’s new Goods and Services Tax, believing it will boost growth and investment.
For the near term, at least, prevailing market conditions aren’t likely to veer strongly from their current trajectory. In such conditions, go idiosyncratic.
Fund managers are looking to mainland China’s economy for direction after sharp declines on major stock exchanges have hit the industry.
When going into a completely greenfield market, flexibility, patience and due diligence will go a long way toward ensuring projects’ staying power.