Fabrizio Palmucci, the firm’s product specialist for fixed income and multi-asset, explains how the strong US dollar is influencing EM debt opportunities.
Finance and banking marketing directors earn way more than industry peers; Schroders’ WFOE installs fixed income manager; Aviva Investors creates Asia head of institutional sales role; institutional investors to raise emerging market debt exposure; Ostrum AM shuns tobacco investments; and more…
Despite the sell-off in emerging market debt that started at the end of April, the current environment is still resilient, according to Raoul Luttik, senior portfolio manager at Neuberger Berman.
As the fundamentals of Asian emerging markets improve, credit-focused bond investors find better opportunities in other regions, according to Ben Robins, portfolio specialist at T Rowe Price.
NNIP’s emerging markets debt strategy surprisingly covers a lot of EMs, even extending beyond with overweights in markets such as Mongolia and Ukraine, according to portfolio manager Leo Hu.
Economic growth, undervalued currencies and stable to higher commodity prices position EMD well against potential headwinds, according to Marcelo Assalin, head of emerging markets debt.
The single biggest risk to EM debt is currently not priced into the market, says Karan Talwar, emerging markets fixed income investment specialist at BNP Paribas Asset Management.
FSA presents a selection of research commentary released this week.
Aviva Investors appointed Stuart Ritson as the head of Asian rates and FX, aiming to boost the company’s emerging market debt offering in the region.
Fund managers believe emerging market debt looks more attractive in 2017, although China is still a big concern.