Won Undervalued by 20% to Eaton Vance Boosts Korean Bond Outlook

Won Undervalued by 20% to Eaton Vance Boosts Korean Bond Outlook

Tomohiro Ohsumi/Bloomberg

Won-denominated assets accounted for 3.99 percent of the $6.5 billion Eaton Vance Global Macro Absolute Return Fund as of Sept. 30, according to a statement on its website.