Macroscope
Is the Old Lady going too slowly?
Russell Silberston discusses how the Bank of England is an international outlier in relying on models rather than data to anticipate inflation
EMD Team
Our EM Fixed Income team summarises market developments during September across the EM sovereign debt universe. The team also shares its views on the outlook for EM debt, provides insights into portfolio positioning, and discusses the role of EM corporate debt in investor portfolios.
This edition includes:
- Market review
- Top-down views and outlook
- Are investors using the whole tool-kit? Investing in EM corporate credit:
Four experienced institutional investors discuss an asset class providing distinct components and regional diversification, with lower volatility than is often assumed - Portfolio positioning highlights
An overview of our positioning in a selection of regions, countries and currencies
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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.
