Buying debt from the riskiest countries is helping some managers outperform the market.
The valuation gap between non-U.S. equities and the S&P 500 Index is at a 20-year low.
The Global X MSCI Argentina ETF was the best-performing single-country equity ETF in the world in 2023.
Concerns about China and geopolitical tensions should again weigh on emerging markets, analysts said.
Quirks in Brazilian restructuring law meant this company's shares weren't considered worthless after a bankruptcy filing.
There's been a boom in global demand for the region's exports of oil, copper, soybeans, corn and iron ore.
The money manager is betting on an increase in global yields, especially 10-year Treasury rates.