FX Invest North America: Beware of EM risks, buy side warns

emerging market

Emerging market currencies might offer attractive returns in some cases, but investors should be careful about jumping on the bandwagon without properly considering the risks, warned buy-side delegates at the FX Invest North America conference in Toronto on April 5.

“The ability to exit is the first thing we look at. It is far more important than the ability to hedge, and we don’t touch anything that shows any sign of being illiquid," said Jason Russell, president and chief investment officer at

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