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What began as a hiking pause by the Federal Reserve has evolved into a situation in which almost every major central bank has become cautious. This dovish shift has signaled the start of a new regime in fixed income, with several central banks now expected to ease monetary policy in the months ahead.
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After a strong start to 2019, we are confident that emerging markets can continue to overcome common investor concerns and perform in different market environments. Positive reforms and supportive fundamentals in many EM countries also mean that they can show stability during volatile periods with low risk of policy error sell-offs if investors adopt a thoughtful, active approach.
Log in to Read More...“If our clients succeed, our firm will succeed.”
This principle from our founder, Thomas Rowe Price Jr., still guides us today.
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