Home>Topics>>EMERGING MARKETS-Brazil real drops; trims losses on dollars sale
EMERGING MARKETS-Brazil real drops; trims losses on dollars sale
Reuters: US Dollar Report
Wed, 30 Jan 2013
* US GDP disappointment weighs on Latin American currencies * Real drops as Mantega says dollar "will not melt down" * Real trims losses as central bank sells dollars By Walter...
PIMCO EqS Pathfinder manager Anne Gudefin says the fund tends to find more value in some of the multinationals listed in the developed world--like Danone, Pernod Ricard, and Carlsberg--with strong prospects in emergingmarkets .
The PIMCO Investment Grade Corporate Bond says a growth slowdown and resultant move by centralbanks have made the team more optimistic on duration. Plus he explains the fund's focus on bank bonds.
Frontier Markets Asset Management's Larry Speidell says that over the next 10 years, the people and the markets of Sub-Saharan Africa, Central and Southeast Asia, and LatinAmerica will prosper.