PA ANALYSIS: Why it pays to be selective in EMD
While more fuss will be made of the eighth anniversary of the fall of Lehman Brothers, it is also worth remembering next year will mark 20 years since the preceding Asian financial crisis.
While more fuss will be made of the eighth anniversary of the fall of Lehman Brothers, it is also worth remembering next year will mark 20 years since the preceding Asian financial crisis.
Despite worries that current market stress could result in significant outflows from emerging markets in the short term, for Neuberger Berman’s fixed income CIO, Brad Tank, emerging market debt remains a fantastic place to invest over the longer term.
Slowing EM economies and local currency devaluations are raising the risk of holding corporate debt, particularly China issuance.
Threadneedle Asset Management has been fined more than £6m by the FCA following an attempted fraudulent trade involving former emerging market debt fund manager Vladimir Gersamia.
Ten to 15 years ago, investors had the view that the best way to invest in emerging markets was to do so as though they were all one homogenous unit. That is no longer the case argues Ward Brown, MFS portfolio manager.
The fund will combine top-down country analysis with bottom-up credit research to construct portfolios in Latin America, Asia and central and Eastern Europe
Emerging market debt has been among the most volatile asset classes in the past 18 months, but after a correction comes opportunity.
The launch of IMAs new Emerging Market Bond sector has been met with relatively little fanfare, but is this due to poor sentiment towards emerging markets, or perhaps a wider malaise on fixed income?
Muzinich & Co has launched a Ucits hard currency emerging market short-duration corporate bond fund for manager duo Warren Hyland and Christina Bastin.
M&G Investments has hired former Invesco emerging markets debt expert Claudia Calich to its retail fixed income team, reporting to Jim Leaviss, head of retail fixed interest.
Juan Pablo Cortes has been appointed director, Americas at Royal Bank of Canada’s (RBC) London-based UK private client wealth management team.
Yerlan Syzdykov has been promoted head of emerging markets bond and high yield at Pioneer Investments following the departure of Greg Saichin.