KEY TAKEAWAYS
- The impact of the recent volatility has varied greatly within emerging markets, particularly between the investment grade and higher yielding parts of the asset class. This has been reflected in the differences in yields in local and hard currency bond markets.
- Most EM countries have responded to the crisis with monetary policy, but the use of fiscal policy and virus containment measures have varied more.
- The starting point for valuations – whether that is in EM FX, EM dollar debt or the longer end of local yield curves – is currently attractive, and so at some point, we could expect strong returns from the asset class. READ MORE
Similar Posts:
- Digging Deeper Into Emerging Market Debt (Capital Group)
- 2018 Emerging Markets Outlook (Nikko Asset Management)
- Why Emerging Markets Are Up to the Stress Test (FP)
- Fixed Income Asset Allocation Insights: Emerging Market Debt Looks Attractive Amid Recovery (PineBridge Investments)
- EM Outlook 2018: What Challenges Do Emerging Market Bonds Face After Two Strong Years? (LGIM)
- Outlook On Emerging Markets (Lazard AM)
- China: Navigating the Regulatory Landscape (UBS AM)
- Outlook on Emerging Markets (Lazard AM)
- The Impact of US Policy on Emerging Markets: Three Investor Misconceptions (Franklin Templeton)
- Is the Emerging Market Story Over? (Macquarie)
- Are Emerging Markets Recoupling with Developed Markets? (II)
- Outlook on Emerging Markets (Lazard AM)
- Asia: The Multi-Asset Class Opportunity Set – With Partners Capital & Singapore Management University (Money Maze Podcast)
- Emerging Market Fixed Income: Characteristics of the Asset Class (FTSE Russell)
- Better Investing Strategy: Blend Emerging & Frontier Markets (Financial Advisor)
