NEST invests in emerging market debt

Michael Klimes
clock • 2 min read

The National Employment Savings Trust (NEST) is to invest in emerging market (EM) debt for the first time through a mandate awarded to Amundi Asset Management.

The master trust, which believes the asset class is becoming undervalued, will eventually look to have an EM debt position within a range of 0-10%. The mandate will be added to the existing ‘bui...

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