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Which Investments Benefit From a Weaker Dollar? (A Wealth of Common Sense,3 min read) ‘In years of dollar weakness [since 1978], foreign stocks have risen 85% of the time, gold is up 80% of the time, and emerging markets have advanced 65% of the time.’
Do Multi-Sector Bond Funds Pose Risks to Emerging Markets? (IMF, 45 page read) Empirical evidence shows that multi-sector bond funds (MSBFs) are highly concentrated – both in their positions and in their decision-making. Furthermore, data from EMs shows that the asset allocation decisions of large MSBF portfolios is associated with the performance of the markets in which they invest.