Sentences with phrase «hard currency debt»

Her Strategic Income fund has returned 4.2 % annually since inception, in line with its EM Hard Currency Debt peer group, but it has done it with substantially less volatility.

An emerging markets bond fund that integrates sovereign hard currency debt, local currency debt, emerging market corporate debt, and emerging market currency rates within an actively managed, strategic asset - allocation framework.

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.

Not exact matches

The rouble has weakened some 30 percent versus the dollar this year, as Western sanctions over the Ukraine crisis have made it harder for banks and companies to refinance foreign currency debts and as tumbling oil prices have hurt government revenue.

This eliminates direct currency risk for US investors, but raises the possibility that a strengthening dollar or weakening local currency could make the debt harder to service, increasing credit risk.

Indeed, the stock of local currency government debt securities outstanding for a representative sample of Asian markets has increased five-fold over the past 15 years (it's hard to go back much further).

These economies — debt - free in 1991 — were loaded down with debt, denominated in hard currencies, not their own.

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

With the weakening of the lira against the dollar, the private sector will have a harder time repaying its foreign currency - denominated debt, S&P said, adding this would negatively impact government debt — 40 percent of which is denominated in foreign currency.

The Bloomberg Barclays Emerging Markets USD Aggregate Index is a flagship hard currency Emerging Markets debt benchmark that includes USD - denominated debt from sovereign, quasi-sovereign, and corporate EM issuers.

This partly reflects tight hard - currency debt spreads, which curb the upside given limited scope for further spread compression — and creates a vulnerability to any rapid rate moves.

It simultaneously makes it more difficult to service the debt in the newly expensive hard currency, and the lender isn't better off either — he now faces credit problems.

As we noted last night, BlackRock is bullish on hard currency EM bonds and generally bullish on emerging market debt in light of low - to - negative interest rates in developed markets.