JPMorgan’s Pierre-Yves Bareau, who oversees $50 billion in emerging-market debt, says he’s never seen so much value unlocked from distressed and defaulted government notes this late in a Federal Reserve interest-rate hiking cycle.
75% small cap mutual funds outperform their benchmarks in September
In September, about 75% of small-cap mutual funds outperformed their benchmarks, with SBI Small Cap Fund and Tata Small Cap Fund leading returns, while Nippon