Goldman Sachs Says Emerging Markets Offer Juiciest Bond Trades
- EM growth story still “very positive,” says Andrew Wilson
- Local EM sovereign debt snapped three-month slump in July
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Emerging-market sovereign and corporate bonds offer some of the best buying opportunities in the fixed-income universe after this year’s selloff, according to Goldman Sachs Asset Management.
“The growth story there is still very positive,” Andrew Wilson, the London-based co-head of global fixed income at Goldman Sachs Asset, said in an interview with Bloomberg TV’s Rishaad Salamat and Kathleen Hays. Goldman is more skewed toward sovereign notes and is “cautious” on credit, he said.