Emerging Markets

The Emerging Market (EM) hard currency corporate debt universe provides investors the opportunity to access the fast-growing and economically diverse story of EM countries. The asset class aims to provide higher yields and a pick-up in spread when compared to similar-rated bonds in developed markets.

Our focus on hard currency corporate bonds enables us to avoid the additional volatility associated with local currency investments. We offer short or regular duration strategies, designed to suit different risk appetites. We also have a dedicated Asian credit strategy, an asset class we believe is under-researched by Western investors which could seek to provide an interesting proposition for investors looking for further diversification.

Our Advantage

  • Deep Credit Focus – in-depth fundamental credit analysis complemented by sovereign macro expertise
  • Strong Team – knowledgeable portfolio management team with language skills and regional specialities in the markets in which they invest
  • Long-Term Track Record – close to a decade of experience in Emerging Market credit

 

Capital at risk. The value of investments and the income from them may fall as well as rise and is not guaranteed. Investors may not get back the full amount invested. Past performance is not an indication of current or future performance.

Emerging Market Risk: Emerging markets are generally more sensitive to economic, social and political conditions than developed markets. Additionally, there may be insufficient buyers or sellers to allow the Fund to sell or buy investments readily.

“Emerging Market hard currency corporate debt is a multi-asset global opportunity set, providing investors the opportunity to rotate into different regions, sectors and sub-asset classes depending on their global economic outlook and expected rates trajectory”

Warren Hyland, Portfolio Manager

Photo of Warren Hyland, Portfolio Manager

Insights

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Sep 08, 2022

China High Yield – Have We Reached the Bottom?

The China high yield market experienced a rapid recovery in August. What’s changed?

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Jul 15, 2022

Asia Credit – A Crisis in Confidence, Not Fundamentals

What is causing the current weakness in the Chinese high yield credit markets?

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Feb 18, 2022

Asia Credit – Bounding into the Year of the Tiger

The recent relaxation of Chinese property sector regulations, a lack of inflationary pressure, stronger external positions vs. the 2013 Taper Tantrum

Read More Insights