The emerging market debt sector found itself in rough seas last year but the waters have calmed since then and managers are tentatively getting back on board. Laura Miller looks at where the risks and opportunities lie...
Ask anyone who's anyone in fund management what topic is coming up most in conversation right now and they will tell you the relative attractiveness of emerging markets (EM), specifically emerging market debt (EMD). To put this in context, EMD had a difficult time last year, going from investors’ favourite at the start of the 2013 to unloved dog by the summer. "True to its Chinese zodiac interpretation as the year of the snake, 2013 turned out to be a slithery, precarious year for emerging market debt," J.P. Morgan Asset Management chief investment officer for EMD Pierre-Yves Bareau s...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
