New Emerging Markets Math: Debt Versus Equities

As advisors work to diversify client portfolios, they typically devote a certain percentage to emerging markets securities. Depending on their clients’ needs and their own specialties, some wealth managers are less attuned than others to the percentage devoted to emerging market equities versus emerging market debt. But after a spectacular 20-year run, advisors will need to pay more attention, say two top fund managers at Fidelity Investments.

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