An experienced and dedicated emerging markets debt team that complements our global fixed income capabilities.
Barings' dedicated emerging markets team manages over $6.6 billion in assets across corporates, sovereign, local debt and blended strategies. An integrated team of 20 seasoned portfolio managers, analysts and traders analyzes the sovereign debt of over 85 countries and the corporate debt of over 1000 companies.
Emerging Markets Local Debt
AUM: $2.9 billion (June 30, 2019)
Our experienced portfolio management team combines a quantitative approach based on inflation targeting and export-based currency modeling with extensive macroeconomic and fundamental experience.
Emerging Markets Sovereign Debt
AUM: $1.8 billion (June 30, 2019)
Our seasoned team combines fundamental analysis with quantitative modeling, backed by a rigorous risk management platform.
Emerging Markets Corporate Debt
AUM: $3.3 billion (June 30, 2019)
Our integrated team combines bottom-up analysis with top-down macro insights, supported by one of the deepest credit research teams in the industry.
Emerging Markets Debt Blended Total Return
AUM: $439 million (June 30, 2019)
Our global portfolio management team combines top-down asset allocation with bottom-up security selection to invest across our EM debt strategies in an unconstrained manner.
AUM: $400 million (March 31, 2019)
A global government strategy that utilizes a scenario-based approach to identify attractive government and sovereign opportunities.
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
EM Debt: Cautious Optimism
EMD asset classes—particularly local currencies—came out of the gate strong in the second quarter, driven by central bank stimuli and favorable monetary policy expectations.View
Fixed Income: Looking Beyond the Index for Late-Cycle Value
Head of Global Markets, Mike Freno, sheds light on how the Barings’ teams are finding value outside of traditional indexes across high yield, investment grade credit 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
Tempering Enthusiasm for Mexico’s Corporate Bond Market
Omotunde Lawal, Head of EM Corporate Debt, reports back from a recent trip to Mexico, where the Barings team conducted on-the-ground research through meetings with a wide variety of corporate issuers, economists and ratings agencies.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
Monetary Policy’s Effect on EM Debt
Rate expectations have changed materially across emerging and developed markets in the first quarter of 2019. What does this mean for emerging markets debt? Barings’ Ricardo Adrogué weighs in.View
EM Debt: Navigating a Shifting Macro Backdrop
After a rocky 2018, the picture may be brightening for emerging markets debt. From rising rates to trade wars, some of last year’s headwinds look to be receding, at least for now. Barings’ Ricardo Adroguè and Omotunde Lawal highlight opportunities they’re currently seeing.View
EM Debt—A Brightening Picture?
Barings’ Ricardo Adroguè and Omotunde Lawal highlight opportunities they’re seeing from Mexico and Brazil to more challenged geographies like Turkey and Argentina—and provide insight into how they’re thinking about political hotspots like Venezuela.View
Is it Time to Consider a Blended Approach to EMD?
How can investors tap into the diverse opportunities within EM debt? Ricard Adrogué, Head of Emerging Markets Debt and Omotunde Lawal Head of Emerging Markets Corporate Credit Research, weigh in.View
Making Sense of Today's EM Debt Environment
Dr. Ricardo Adrogue, Head of Barings' Emerging Markets Debt Group, discusses risks and opportunities in today's dynamic landscape - and how investors can seek to navigate it.View
How Diversified Is Your Emerging Markets Debt Strategy?
There may be significant benefits to using a blended approach to this asset classView
Can Emerging Markets Withstand Global Monetary Tightening?
Global central banks have stopped easing, with tightening likely to follow. Is the time to invest in EM behind us, or can these markets thrive as monetary conditions tighten? Ricardo Adrogué, head of Barings' Emerging Markets Debt Group, weighs in.View
EM Local Debt: Focused on Fundamentals
Barings' combination of quantitative and qualitative analysis and tools provide a comprehensive and rigorous framework for investing in emerging markets local debt. In this Viewpoint, we give readers an inside look into our investment process.View
VIDEO: Finding Value in Local Currency Bonds
Head of Emerging Markets Debt, Dr. Ricardo Adrogué explains why the Barings team currently favors local currency bonds.View