EMD

It’s not just about the higher yields, although that helps. It’s also about the correlation between hard and local currencies. And Australian investors are in pole position. In a series of discussions with the firm’s Australian investors and others recently (August 23 – September 3), Grant Webster, head of Ninety One’s emerging markets ‘blended debt’…

An Australian super fund has seeded a boutique emerging market debt (EMD) fund as instos look overseas for yield. But challenges for the asset class abound. As Argentina approached its presidential primaries in August 2019, the team at EMD boutique Finisterre grew wary. The primaries would take place during a low liquidity month; they were…