Emerging Markets Sovereign Debt
- AUM $1.8 billion
(30 June 2019)
- Inception Date 2013
- Benchmark J.P. Morgan EMBI Global Diversified
- Vehicles Available
- Separate Account
The strategy seeks to achieve maximum total return, consistent with preservation of capital and prudent investment management, by investing primarily in a diversified portfolio of hard currency bonds issued by EM sovereigns.
Our Value Add
Seasoned Emerging Markets Debt team supported by an extensive platform and proprietary quantitative analysis tools
- Experienced Team and Extensive Platform: An experienced portfolio management team, proprietary quantitative models and fundamental analysis tools differentiate Barings from its competitors.
- Proprietary Quantitative Models and In-Depth Macroeconomic Analysis: We identify country-by-country economic cycles and international competitiveness across a wide range of emerging markets and developed economies. This provides a diversified and global perspective to investment opportunities.
- Risk Management: Risk is monitored throughout the investment process on a bond-by-bond and currency level. The risk management framework includes rigorous quantitative modeling and scenario analysis.
Emerging 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.View
Emerging Markets Sovereign Debt: Does Active Management Pay?
The performance of EM Sovereign Debt can—and does—vary widely from country to country. Barings’ Cem Karacadag explores how an active approach can be key to selecting the most attractive opportunities, while also avoiding the bad apples.View
Fixed Income: Upending the Conventional Approach
Michael Freno, Head of Global Markets, shares his view on where value can still be found in fixed income, despite the uncertain current environment—and why investors may need to look beyond traditional indexes in high yield, investment grade and emerging markets debt.View
Assessing the Countries Making Headlines Across EM Debt
As emerging markets continue to dominate world news, Barings’ Ricardo Adrogué weighs in on the trade frictions with China, Venezuela’s evolving status as a political hotspot, and why he has high conviction in Mexico.View
EM Debt: Investing with Cautious Optimism
Sovereign debt outperformed in Q1 as geopolitical headlines continued to garner attention and commodities rallied. Risks remain for the asset class but some notable headwinds have now become tailwinds.View