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Uncovering yield in emerging markets not for the faint of heart

Investment News

Katherine Renfrew talks about balancing risk and reward while going off the beaten path.

Katherine Renfrew is the lead portfolio manager of the $530 million TIAA-CREF Emerging Markets Debt Fund (TEDNX), which has a five-star rating from Morningstar and has been a top percentile performer over the past 1-, 3-, and 5-year periods.

While Ms. Renfrew insists the fund is not designed to "sw

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