Fastest-Growing Emerging Bond Fund Manager Doesn’t Fear Your ETF

  • Pictet’s Lue-Fong says active, passive funds can coexist
  • Global emerging debt fund has grown by $2.6 billion in 2016

Simon Lue-Fong, head of emerging-market debt at Pictet Asset Management SA, isn’t as concerned as some of his counterparts about the rise of passive investing, which has underscored the $55.3 billion deluge of money flowing into developing-nation debt and equity funds since January.

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