PineBridge: Increased Volatility, but Emerging Markets Remain Resilient

```htmlGlonhui July 16｜Chris Kushlis, Chief Macro Strategist for Emerging Markets at BlueBay Asset Management, commented on the outlook for emerging markets, stating that despite rising geopolitical uncertainty, the overall prospects for emerging markets remain positive. Robust fundamentals, declining inflation, and higher yields continue to support emerging market assets, even as investors face a more uncertain global environment. The market is still watching the possibility of further interest rate hikes by the Federal Reserve, but under current conditions, emerging market assets are more likely to see moderate gains rather than a complete deterioration in risk sentiment.```