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Emerging Markets

Stellar year for EM comes to an abrupt halt, thanks to Trump

After a slow start to 2016, emerging market debt enjoyed one of the biggest rallies in recent memory. The hunt for yield drove billions of dollars into the asset class and issuers were quick to take advantage of the booming bull market. But the election of Donald Trump as US President in November put a stop to the good times and brought back uncertainty and volatility.

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