All Emerging Market Debt articles – Page 20
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White papersUnlocking human capital in emerging economies
All developing countries have a seriously under-tapped resource: their people. That’s important for emerging debt investors to bear in mind.
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White papersSeeking Big Opportunities in Small Companies
As Europe finds itself in a climate of lackluster growth and political volatility, with an equity market that has been on an unprecedented 10-year bull run, investors are searching for pockets of value. A long-term allocation to small-cap equities is one potential solution.
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White papersEM Debt: Warding Off Headwinds with Active Management
In this Q&A, Barings’ Head of Global Sovereign Debt and Currencies, Ricardo Adroguè, addresses the many risks facing the global economy—specifically China, Argentina and the Middle East—and explains why a skilled active manager is critical to performance.
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White papersStaying positive: why Asian fixed income makes sense in the face of rising uncertainty
It’s hardly surprising that the uncertainty associated with the on-again, offagain U.S.-China trade talks has continued to weigh on market sentiment. As of this writing, discussions appear to be progressing in a constructive manner—just like they did in July. But we know from our experience this past summer that a high level of unpredictability remains: these negotiations could collapse or gain traction at a moment’s notice.
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White papersWhen investments in Infrastructure Debt embrace ESG standards
The requirement to develop, maintain, upgrade infrastructure projects is constant, even increasing worldwide, and so reflected into a funding demand.
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White papersESG for Sovereigns: One Size Does Not Fit All
ESG has risen to the forefront of many investment strategies over the last decade. At Barings, our EM Sovereign Debt team takes a country-by-country approach, assessing ESG factors in the context of sustainability and—ultimately—creditworthiness.
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White papersPartners Group: gaining from long-term tailwinds
Private markets, including equity and debt, infrastructure and real estate, stand out as a high-margin part of the asset management sector that is still expanding, with returns higher than those delivered by public markets.
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White papersMacro and structural woes leave banks out in the cold
With valuations plumbing depths seen in 2009 and 2012, and headwinds many and varied, is there hope on the horizon for one of Europe’s most beleaguered sectors?
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White papersBrexit: revamping the fiscal toolbox
The Brexit referendum was more than three years ago, but it is still not clear when the UK will leave the European Union (EU). Business has suffered and consumers may start to feel the pinch, particularly if there is a cliff-edge exit at the end of the transition period. As we head into early elections on 12 December, we consider how it may be up to fiscal policies to weather the fallout.
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White papersEarnings Kick Into Gear as Brexit Drama Heightens
With 34% of the S&P 500 reporting earnings, so far profits aren’t as bad as expected; risk of a no-deal Brexit recedes and positive signs from the U.S.-China Trade War.
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White papersThree Reasons to Invest in Risk Assets… & Five Risks
Markets still have room, but the clouds are gathering. Last year’s scars remain fresh for many investors as they navigate toward the end of the year.
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White papersEmerging Markets Debt: Taking a Hard (Currency) Stance
EMD performance was muted in Q3, but valuations remain attractive and emerging economies are growing at a measured pace. We continue to favor hard currency assets, which are benefitting from lower rate expectations.
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White papersInfrastructure Debt: Steady Activity, Lingering Macro Doubts
Despite the expected seasonal summer slowdown, infrastructure debt financing deals remained steady overall in the third quarter of 2019—with strong activity in the U.S. and Canada, and slightly slowing activity in Europe, with a cautious eye toward Brexit.
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White papersEM Debt: Navigating the Geopolitical Noise
From the Middle East to China to Argentina, investors face no shortage of geopolitical risks and negative headlines. But is there still value to be found across emerging markets? Dr. Ricardo Adrogué weighs in.
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White papersItaly: Few Ambitions From The New Budget Framework
On 30 September the newly formed Italian government released an update to April’s Economic and Finance Document, with new fiscal plans for the years 2019 to 2022 and changes to the underlying economic assumptions.
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White papersTrump Impeachment Is Likely, But Impact On Financial Markets Would Be Short-Lived
Impeachment process: The Democratic Party has announced the opening of an impeachment inquiry against President Donald Trump following revelations that he pushed Ukrainian President Volodymyr Zelenskiy to investigate the son of Democratic opponent Joe Biden. The impeachment process is long and articulated. An 80% probability that Trump will be impeached, followed by acquittal in the Senate, which would keep him in office for the remainder of his term, is our base case scenario.
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White papersWebinar: objective danger in the investment environment
Markets may have reached record peaks earlier this year, but the geopolitical environment is fraught and central-bank oxygen may not prop up asset prices for much longer. We expect more outbursts of pent-up volatility going forward as investors face up to the growing risks in this high-altitude market.
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White papersEmerging Markets Sovereign Debt: Does Active Management Pay?
The performance of Emerging Markets Sovereign Debt can—and does—vary widely from country to country. In this piece, Barings’ Cem Karacadag explores how an active approach can be key to selecting the most attractive opportunities, while also avoiding the bad apples.
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White papersInvesting in an era of heightened risk velocity
For investors navigating current market conditions—an environment where a single tweet can change the market direction and momentum—it is not just the risks themselves that are challenging but also the elevated pace at which risks can move from peripheral threats to portfolio impacts. We call this “risk velocity.” This paper explores the primary drivers for this phenomenon and potential asset allocation implications.
