Emerging perspectives

Emerging Market Debt Indicator November 2020

Our EM Fixed Income team summarises market developments during November across the EM sovereign debt universe. The team also shares its views on the outlook for EM debt, provides insights into portfolio positioning, and this month examines the recent political turmoil in Peru.

2020 M12 8

20 minutes

EMD Team
Our EM Fixed Income team summarises market developments during November across the EM sovereign debt universe. The team also shares its views on the outlook for EM debt, provides insights into portfolio positioning, and this month examines the recent political turmoil in Peru.

This edition includes:

  • Market review
  • Top-down views and outlook
  • Insights from the team
    • Presidential removals compound a very difficult year for Peru.
      A closer look at the unexpected congressional impeachment of popular President Martin Vizcarra.
  • Portfolio positioning highlights
    • An overview of our positioning in a selection of regions, countries and currencies.

Download PDF


Specific risks
Emerging market: These markets carry a higher risk of financial loss than more developed markets as they may have less developed legal, political, economic or other systems.

All investments carry the risk of capital loss. The value of investments, and any income generated from them, can fall as well as rise and will be affected by changes in interest rates, currency fluctuations, general market conditions and other political, social and economic developments, as well as by specific matters relating to the assets in which the investment strategy invests. If any currency differs from the investor’s home currency, returns may increase or decrease as a result of currency fluctuations. Past performance is not a reliable indicator of future results.

Authored by

EMD Team

Wichtige Informationen

Diese Mitteilung dient lediglich der allgemeinen Information und ist nicht als Beratung zu verstehen.

Alle darin enthaltenen Informationen gelten als zuverlässig, können jedoch ungenau oder unvollständig sein. Die Ansichten sind die des Verfassers zum Zeitpunkt der Veröffentlichung und spiegeln nicht unbedingt die Ansichten von Ninety One wider.

Alle geäußerten Meinungen werden ehrlich vertreten. Diese sind jedoch nicht garantiert und somit sollte sich auf diese nicht verlassen werden