Scorching summer could heat up the energy transition
Europe’s record-breaking summer could add further momentum to the energy transition. There are multiple ways investors can access the opportunity.
Weighing passive and active approaches to EM debt investing
EM debt remains an asset class in which asset allocators favour an active management approach, but the passive versus active debate continues. Here we outline the key considerations – relating to returns, fees and benchmark construction – behind our view that passive approaches are sub-optimal for EM debt investors.
Emerging Market Debt Indicator – September 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
Emerging Market Debt Indicator – August 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
Emerging market debt – navigating headwinds, eyeing the horizon
The headwinds facing EM debt today are cyclical and manageable, with mispricing and divergence across countries creating a fertile hunting ground for active investors. Crucially, the strength of structural tailwinds behind the asset class is undiminished.
Emerging Market Debt Indicator - July 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
A prolonged El Niño could complicate the path back to lower inflation
Overlapping pressures across agriculture, fertiliser and energy markets could create fresh inflationary risks this year, with wide ranging implications for commodity markets, monetary policy and emerging market assets.
Beyond the one-way trade
For years, capital has gravitated to the US. A one-way trade powered by tech dominance and economic heft. But as the world tilts on its axis, the next cycle is unlikely to resemble the last, and the investment map is beginning to redraw itself.
Lessons from Latin America’s elections extend far beyond the ballot
Recent election results point to a political pivot with positive implications for debt markets. Dynamics in this key region are reflective of broader shifts across the maturing EM debt market.
Emerging Market Debt Indicator – June 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
The bull case for emerging markets just got stronger
As global investors reassess their allocations, emerging markets are entering the second half of the year from a position of genuine strength.
Emerging Market Debt Indicator – May 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
Resilience and divergence: emerging markets are forging ahead in a new era for investors
As war in the Middle East adds to a series of global supply shocks, emerging markets are showing growing resilience in an increasingly multipolar world.
Global Frontier Debt: understanding – and navigating – an increasingly relevant asset class
Frontier markets are increasingly relevant for today’s portfolios, but expertise and conviction are vital for successful investment outcomes.
Emerging Market Debt Indicator – April 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
Boots on the ground: a different perspective on the IMF Spring Meetings
Three members of our EM Debt team went to Washington, DC – we asked them to share their highlights and pointers for investors, including a behind-the-scenes perspective on this important annual event.
Hidden GEMs: Why the oil shock could accelerate the energy transition
Oil shocks don’t just disrupt, they accelerate change. Higher prices and energy insecurity are fast-tracking the shift to electrification and clean technology, led by emerging markets.
Emerging Market Debt Indicator – March 2026
Reflections on developments across the EM Debt investment universe in March, and the EM Debt team's latest outlook and positioning.
EM debt: the evolution of an asset class
EM debt has become an important component of the global debt market. The transformation has resulted in robust credit quality across a highly diverse opportunity set that’s ripe with alpha-capture potential.
Emerging Market Debt Indicator – February 2026
Reflections on developments across the EM Debt investment universe in February, with an update on portfolio positioning in the context of the current conflict in the Middle East.