Sentences with phrase «em debt»

Return and yield potential, diversification benefits, improving fundamentals, and greater accessibility have all played a role in making EM debt and equity core allocations — particularly for cross border institutional investors.

He looks at how the brokerages various allocations would have performed from 1973 to the present but it appears that he simply assumes that the current asset allocation (4 % to EM debt, 14 % to private equity, 25 % to hedge funds) can be projected backward to 1973.

I will moon walk down the m50 dressed in a Barney the dinosaur outfit if an EM asset manager with $ 300mn AUM pays out a dividend with a rising $ and US 10 year yield given external $ EM debt.

We like selected EM debt, an asset class global growth favours, even if the Federal Reserve is raising rates.

It's curious that the same team manages another EM debt fund with a dramatically different record of success:

We like selected EM debt, an asset class global growth favors, even if the Federal Reserve is raising rates.

It's when the Aggregate Index is used to judge manager performance in ITB funds, specifically managers that own substantial allocations to high yield or EM debt, that it is akin to gerrymandering.

Managers of these funds often emphasize their expertise in areas such as high yield credit and EM debt.

EM Debt is represented by the JP Morgan GBI Emerging Markets Global Diversified Index, which is a comprehensive global, local emerging - markets index, and consists of liquid, fixed - rate, domestic - currency government bonds.

Within the broad EM debt asset class, U.S. investors looking for EM bond exposure without explicit currency risk may want to consider dollar - denominated sovereign bonds like the iShares J. P. Morgan USD Emerging Markets Bond ETF (EMB).

Meanwhile, we have cut our views of EM debt and Asian fixed income to neutral from overweight.

For instance, this year through the end of November, EM debt in USD, as represented by the J.P. Morgan EMBI Global Index (EMBIG), returned 2.77 percent, outperforming EM equities, as measured by the MSCI Emerging Markets Index.

In other words, a decision to invest in EM debt in USD is also an implicit decision to invest in U.S. Treasuries.

That said, while EM governments seem to have cleaned up their balance sheets, overall leverage in total EM debt has increased due to the build up of leverage from EM corporates.

As far as EM debt is concerned, it's certainly not immune to these influences, but the following two additional factors are specific to the sector and have a lot to do with its strong performance.

EM debt in USD can be divided into debt from investment grade (IG) countries and debt from high yielding (HY) countries.

Because this EM debt asset class is denominated in dollars, its return is tied to U.S. Treasuries.

We like income, including investment - grade credit and EM debt.

So, can the strong showing from EM debt in USD continue?

We have a preference for income, and have upgraded U.S. credit and EM debt to overweight.

We like U.S. investment - grade credit, hard - currency EM debt, stocks in selected EMs and global quality and dividend growth stocks.

EM debt funds saw 12 straight weeks of inflows, the longest streak since the U.S. election, according to EPFR Global data through the week ended April 19.

EM debt can be a great source of income potential in a diversified portfolio, but not when you are looking for low volatility.

According to Bloomberg data, EM debt is offering yields of above 4 %, and despite a strong year - to - date performance (more than 13 %), we see potential for significant income with lowered spread risk, given the diminished expectations of a near - term Fed move.

But popular overweights with supportive fundamentals and valuations (such as EM debt and U.S. credit) are still worth considering, and gold can offer portfolio diversification benefits.

We expect relative price outperformance in EM debt as a result.

We like selected EM debt for income and potential price appreciation amid low inflation and subdued currency volatility in the emerging world.

We like EM debt, where spreads remain attractive, and are neutral on EM equities.

In other words, EM debt prices have made a round trip.

Those comments came after two conference keynote speakers also touted the value of EM debt.

«It's always hard to know exactly where to put your money these days given how rates and spreads are so low, but on a relative basis we still think there's value in EM debt,» Matt Tucker, head of the iShares fixed income strategy team, said this week during a panel discussion at the Morningstar ETF Conference in Chicago.

Not exact matches

China certainly has a high absolute level of debt, with levels much higher than those seen in other emerging market (EM) countries who experienced debt crises, according to Bloomberg data.

However, while we are in the sweet spot, we do see selected opportunities among EM assets that investors may want to consider, including in EM local - currency debt and certain equity markets.

Based on BlackRock's long - term assumptions, some of the better return - to - risk ratios are in high yield bonds, EM dollar - denominated debt and bank loans.

Jeff takes down his recommendation on emerging market (EM) debt to «neutral» after this year's big rally.

Around a third of the investors surveyed by the bank were underweight EM stocks, more than during the China debt scare in March of last year and up from levels seen during collapse of Lehman brothers in 2008.

U.S. Lifts Debt Sales as Deficit Grows, Plans 2 - Month Bills — Bloomberg Mark Mobius «Un-Retires»: Plans New Fund After Biggest EM Bond Collapse In 23...

We see opportunities in dividend growth stocks, EM equities and debt as well as in investment - grade credit.

2008 global financial crisis, world HNW and MC's, flooded back into US, driving USD strength, flatlined global economy, decelrating trade, collapse of commodity values, reduction in opportunity horizon of Manufacturing and Productive EM, along with debt dynamics in China accelerating (Money Printing, Asset Bloat) and staid developed world horizons and Equity bloat in US.

Issuers in just three countries — Russia, India and Mexico — accounted for nearly half of last year's EM corporate debt total of $ 297 billion.

Investor demand for emerging market (EM) debt has been strong lately, as the near - term risk of trade wars has faded and income seekers have flocked to the asset class» higher yields.

One tool that we use to help determine how EM sovereign bonds stack up: our BlackRock Sovereign Risk Index (BSRI) rankings of government debt.

Dr Natalia Gurushina is Chief Economist for EM Managed Debt Funds at VanEck.

We find emerging market (EM) debt attractive but have become more selective amid rising valuations.

The Bloomberg Barclays Emerging Markets USD Aggregate Index is a flagship hard currency emerging market (EM) debt benchmark that includes fixed and floating - rate U.S. dollar — denominated debt issued from sovereign, quasi-sovereign, and corporate EM issuers.

We also prefer emerging market (EM) debt, whose relatively higher yields now look more attractive post Brexit given that some key headwinds to EMs have turned into tailwinds.

In contrast, EM nations as a whole are carrying less debt as a percentage of gross domestic product (GDP) than in years past, and thus the EMD index may have garnered relative attraction among investors searching for yield.

The bottom line: Even after the recent outperformance, EM hard currency debt is a fixed income asset class worth tilting toward as we head into 2016.

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Examples include U.S. high yield or EM corporate debt.