According to Financial Times, new figures show that default and recovery rates compare favourably with other debt asset classes.
Emerging market businesses have long been perceived as risky destinations for investment. But how risky, exactly? We now have better information with which to answer that question, thanks to a pair of reports published in March by the Global Emerging Markets Risk Database Consortium (GEMs), a group of 25 multilateral development banks and development finance institutions. The statistics yield clear... ...
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