Emerging markets have remained robust amid the economic and political uncertainties of 2024, but active management will be important if debt investors are to identify standout performers over the coming months.
Read this article to understand:
- Why emerging-market debt is in a strong position to deliver resilient returns for investors.
- Why selective high-yield issuers look to be especially appealing.
- What we assess to be the main risks facing the asset class
Emerging-market (EM) debt encompasses a vast range of countries, from global powerhouses such as China and Brazil to smaller, dynamic economies in Southeast Asia and Sub-Saharan Africa. Nevertheless, EM nations tend to share certain characteristics – such as relatively stronger growth, lower debt and more-favourable demographics than advanced economies – and it is often possible to spot common trends developing across the broad EM universe.
EM debt looks to be in something of a sweet spot. Many EM debt issuers have demonstrated resilience in the face of significant geopolitical and macroeconomic uncertainty this year. And we see several reasons to expect more of the same over the coming months.
You can now read the full whitepaper at the link below
