These markets are uniquely positioned versus their developed counterparts, and we draw upon the expertise of a robust integrated platform leveraging on-the-ground resources across our organization to build strong portfolios.
Our presence and coverage across all major emerging market (EM) asset classes allow our in-house specialists to share information and ideas regularly to shape our top-down views. This dynamic helps us position our portfolios ahead of the market.
As an active manager with one of the largest and most experienced teams in EM debt, we are uniquely positioned to deliver value in our client portfolios from a broadly diversified opportunity set.
It is this diversity of the investible market that demands an active, credit-intensive, and selective approach. Factoring in our commitment to advancing environmental, social, and governance (ESG) considerations in our portfolios, our engagement with issuers and management seeks to assess the corporate culture and controlling influences of an investment, with the ultimate goal of driving incremental improvements within the industries and sectors in which we invest.
We offer stand-alone and packaged solutions across the emerging markets spectrum.
ESG considerations are fully integrated into our investment process. Our mission across our emerging markets portfolios is to:
Identify cases where ESG has an impact on credit fundamentals, whether positive or negative
Flag issuers with elevated risk across the ESG spectrum
Identify issuers incorporating sustainability practices that enhance the investment’s value proposition
Steve Cook, co-head of Emerging Markets Fixed Income talks about the evolution of EM capital markets, reasons why investors should consider a dedicated allocation to EM debt, and highlights key growth drivers for the asset class.
Credit exposure to high yield bonds, bank loans, and collateralized loan obligations (CLOs)
Exposure across markets with unique opportunities and risks