EM Lens: Identifying Alpha Opportunities in EM Fixed Income
Creditors are returning to emerging market fixed income as supply-demand technicals are supportive, rating momentum is positive and real-yield differentials are wide. Thys Louw, emerging market fixed income portfolio manager...
By Aditya Somani · Bloomberg
Creditors are returning to emerging market fixed income as supply-demand technicals are supportive, rating momentum is positive and real-yield differentials are wide. Thys Louw, emerging market fixed income portfolio manager at Ninety One, joins Damian Sassower, Bloomberg Intelligence’s chief EM fixed income strategist, to discuss alpha potential in EM hard- and local-currency debt. Louw and Sassower assess the allocation gap among institutional investors and the effect of rising cross-asset cor