Emerging Market Fixed Income

Specialist expertise, regional depth, and over 30 years of experience across a diverse and dynamic investment universe.

A differentiated approach to EMD

Emerging market fixed income spans sovereign debt, corporate credit, and currencies across a vast and varied universe. It is an asset class defined by disparities in returns, risk, and liquidity, and one that, in our view, rewards deep specialist knowledge over broad market exposure.

Ninety One's Emerging Market Fixed Income team has its roots in emerging markets, it has invested in this universe for more than 30 years, and is a pioneer in local currency debt investing.

Two specialist sub-teams - Emerging Market Sovereign & FX and Emerging Market Corporate Debt - cover the full breadth of the asset class, from sovereign local and hard currency debt to corporate credit and currencies. United by a shared investment philosophy and proprietary analytical framework, they bring specialist depth and rigorous research to a universe where, we believe, active management can reward those with genuine expertise and conviction.

Key facts

  • 30+ years investing in emerging markets, with EM roots
  • A pioneer of EM local currency debt investing
  • 70+ investment professionals, C.US64.9bn AUM
  • Integrated platform spanning sovereign, FX, and corporate credit
  • Founded and still led by the same portfolio management team
  • Team based in London, New York, Hong Kong, Cape Town and Saudi Arabia

     

What do we believe?

  1. We are active managers and believe the large disparity of returns between countries provides opportunities for outperformance
  2. We believe three Compelling ForcesTM are key market drivers: economic fundamentals, valuation and market behaviour
  3. We believe regional and sector specialisation and comprehensive forward-looking research are the cornerstones of finding consistent alpha
  4. The investment team and its structure are as important as the process

Important Information

This communication is provided for general information only and should not be construed as advice.

All the information in this communication is believed to be reliable but may be inaccurate or incomplete. The views are those of the contributor at the time of publication and do not necessarily reflect those of Ninety One.

Any opinions stated are honestly held but are not guaranteed and should not be relied upon.

All rights reserved. Issued by Ninety One.

For further information on indices, fund ratings, yields, targeted or projected performance returns, back-tested results, model return results, hypothetical performance returns, the investment team, our investment process, and specific portfolio names, please click here.