Don’t Get Carried Away by Emerging-Market Corporate Debt

Emerging-market corporate debt is a morality tale in reverse – it appears to be a beautiful swan but is, in reality, an ugly duckling.

If you were told there was a fixed income asset out there that: (a) could protect you in a higher rate environment; (b) has lower volatility than the risk-free asset (US Treasuries); and (c) offers a yield that’s 250 basis points higher than comparable US Treasuries, you’d be rushing to invest in this product.

You can now read the full whitepaper at the link below