331. Why the “stars are aligned” for emerging market debt

<p>Polina Kurdyavko, co-manager of the BlueBay Emerging Market Unconstrained Bond fund, provides an excellent in-depth look at emerging market (EM) debt, offering insights into why current valuations in hard currency sovereign debt are among the most attractive in decades. We discuss factors contributing to strong growth in key emerging markets, from Brazil to India, and how local currencies are poised for outperformance. The conversation also touches on global dynamics, such as geopolitical risks, the outlook for a weaker U.S. dollar, and how frontier markets have recovered after recent restructuring.</p><p><b>What’s covered in this episode: </b><...