Fidelity New Markets Income Fund Likes Indonesian Debt
Posted on June 22, 2012 at 14:20 PM EDT
John Carlson, manager of $5.2 billion Fidelity New Markets Income Fund , said he likes sovereign bonds from emerging markets with sound monetary practices. He was speaking at the 24th annual Morningstar Investment Conference, held in Chicago on Wednesday through Friday. "In Asia, I like Indonesia and the Philippines, both for valuation and growth reasons," Carlson said. "I'm keen on Eastern European countries like Hungary, Lithuania and Croatia. I
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