Pimco’s Mark Kiesel Expects EM Debt to Grow Up to 8.5 percent

Mark Kiesel, global head of corporate bond portfolio management at Pimco, appeared on “In the Loop” with Betty Liu this morning to discuss the outlook for emerging markets and corporate debt investment strategy. Kiesel said he expects “emerging market debt to grow at 5.5% to 8.5% versus the 1% to 3.5% growth” in developed countries. [...]