Emerging Markets Sovereign Debt
- AUM $1.4 billion
(December 31, 2018)
- 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.
Podcast: 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
Finding Opportunity in Uncertainty
Ricardo Adrogué, Barings’ Head of Emerging Markets Debt, recently participated in a Pensions & Investments roundtable discussion with a panel of other emerging markets experts.View
VIDEO: Emerging Markets Local Debt – A Favorable Backdrop
Dr. Ricardo Adrogué discusses the process his team uses to find opportunities in EM local debt and why the current macro backdrop is encouraging for investors.View
Ricardo Adrogué, Head of Emerging Markets Debt, writes in Pensions & Investments about Mexico’s brightening economic picture.View
Credit Market Investing: Stop Watching the Clock. The Fundamentals Matter More.
In this paper, we explain why we believe investors should focus on fundamentals rather than trying to time the credit cycle. Specifically, we highlight opportunities in high yield, investment grade credit and emerging markets debt.View