Goldman Tells Investors to Bet on Gender Equality for Bigger Bond Returns
- Emerging-market nations with better track records outperform
- Goldman says strategy works well during volatile periods
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Goldman Sachs Group Inc. says it has a winning strategy when it comes to navigating tumultuous times in the global government bond market: betting on emerging-market nations that are ahead of the curve on gender equality.
A portfolio of debt from the eight developing economies with the best track records of empowering women would have outperformed the eight with the worst by about 1% over the past seven years, according to an analysis by the investment bank.