Emerging Markets Local Debt
- AUM $2.9 billion
(30 June 2020)
- Inception Date 2014
- Benchmark J.P. Morgan Gov Bond Index EM Global Div (Unhedged)
- Vehicles Available
- UCITS Fund
- Separate Account
- Mutual Fund
The portfolio management team combines quantitative models and macroeconomic analysis with bottom-up sovereign research to identify economic cycles and economic competitiveness across a wide range of emerging market countries. The economic cycle is a key determinant of interest rates dynamics and export competitiveness is a key driver of currencies.
Our Value Add
Seasoned emerging markets debt team supported by an extensive platform and proprietary quantitative 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.
EMD: Further Room to Run?
Emerging markets debt rallied strongly in the second quarter—and while risks remain ever-present, the asset class may benefit from continued monetary stimulus and the potential for a sharper economic bounce-back in the second half of the year.View
EM Debt: Downturns, Defaults & Diamonds in the Rough
Barings’ Omotunde Lawal and Cem Karacadag explain how COVID-19 is impacting the economies of emerging markets, and how lower oil prices and loose monetary policies may influence the future default picture.View
EM Debt: When Prices Decouple from Fundamentals
Dr. Ricardo Adrogué discusses how the global pandemic has impacted emerging markets, including implications for sovereign and corporate debt markets, as well as interest rates and currencies.View
EM Local Debt’s Time to Shine?
Emerging markets (EM) local currency denominated debt may be poised to outperform.View
EM Debt: Warding Off Headwinds with Active Management
Ricardo Adroguè, Head of Global Sovereign Debt and Currencies, addresses the many risks facing the global economy—specifically China, Argentina and the Middle East—and explains why active management is critical to performance.View