Credit Suisse Asset Management will launch an emerging Europe bond fund in September. It will be a...
Credit Suisse Asset Management will launch an emerging Europe bond fund in September. It will be aimed at both institutional and retail investors and will try to take advantage of the yield spreads between emerging European sovereign and corporate debt and their mainstream counterparts. The fund, run by Jana Benesova, will buy both local and mainstream international currency products and will attempt to profit from falling yields as Eastern European countries join the wave of EU convergence stories. The portfolio will consist of mostly government bonds, with 15%-20% of the fund compr...
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