Cathy Hepworth, who heads $1. 5 trillion asset manager PGIM’s emerging-markets debt team, doesn’t hesitate when asked about her highest-conviction theme across the developing world: “Carry, carry, carry.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-23/-it-s-a-carry-world-em-trade-notches-longest-run-since-2008)

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