Morningstar: UBS vs. Blackrock in EM Bond ETFs

Roller coaster - Alper D - Pexels
Roller coaster - Alper D - Pexels
Despite a strong first half for emerging-market hard-currency bonds, passive investing remains a niche in the asset class. Investors overwhelmingly favoured active managers in 2026, directing just 4 percent of net inflows to index funds and ETFs despite solid returns across the market.

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