长期涨势已启幕！Pimco押注新兴市场行情延续多年，外资抢筹创逾一年新高

Core Viewpoint - Pimco indicates that the recent upward trend in emerging markets is just the beginning of a longer-term trend, with intentions to maintain investment positions in this area [1] Group 1: Market Trends - The head of Pimco's emerging markets investment team, Pramol Dhawan, believes that the trend of emerging markets will continue for years due to changes in global market fundamentals [1] - Concerns over fiscal stability in developed economies are rising, while developing countries are demonstrating stronger fiscal discipline, challenging long-held perceptions among global investors [1] Group 2: Currency and Investment Dynamics - The U.S. dollar has shown weakness recently, influenced by market doubts regarding the independence of the Federal Reserve, which indirectly enhances returns on emerging market investments [1] - Dhawan does not adopt a fully bearish view on the dollar but prefers to allocate investments to markets with strict fiscal discipline and prudent measures to curb inflation [1] Group 3: Investment Inflows - Emerging market assets have become increasingly attractive, with U.S.-listed emerging market ETFs attracting $3.97 billion in inflows for the week ending January 9, marking the highest weekly inflow in over a year and a significant increase from the previous week [1] - The Chinese market has been a major contributor to this inflow, with weekly inflows growing more than fourfold compared to the previous week [1]