Tag : em debt

Emerging market hard-currency bonds generally seem a better buy now than their local-currency equivalents, says Sergio Trigo-Paz, the US fund house's head of EM debt.

Investors are still buying high-yield and EM sovereign and corporate debt, at the expense of developed-market investment-grade bonds, notes the Swiss fund house.

By contrast, more searches were completed globally via Mercer in 2012 than the year before, with emerging market assets proving especially popular.

Aberdeen Asset Management notes interest from a US pension fund in its emerging market corporate bond strategy for the first time – and also tips more Japanese demand.

Junk bonds may offer attractive returns relative to sovereign debt, but both asset classes are at record low yields. Are investors taking sufficient note of fundamentals?

But this approach by developed-country governments is allowing emerging-market banks to take the lead in servicing investors in their local debt markets, argues Jan Dehn.

Renaud de Planta, one of Pictet’s eight partners, discusses the firm's strategy for its Asia funds business, which includes a major regional expansion.

Amy Cho, Asia-Pacific business development head at Pictet Asset Management, discusses how interest in local- and hard-currency EM debt is gaining critical mass.

Inflation is not properly priced-in in some emerging markets, argues the global head of macro and investment strategy at HSBC Global Asset Management.

And even European high-yield credit is looking appealing at today's prices, argues senior product manager Alexandre Ris.

And in other regions, the asset manager favours Mexico and Poland, says portfolio manager Kevin Daly.