A global high conviction portfolio primarily of emerging market bonds
Managed by an experienced team dedicated to emerging markets and with access to a network of local offices
ESG1 factors integrated within the investment process
We believe that emerging markets can no longer be viewed as a single asset class in which all component parts respond unanimously to the same stimuli. Rather, we approach emerging market fixed income as a multi-asset class suite in which rates, foreign exchange, sovereign credit, corporate credit, and frontier markets should all be considered as separate risk asset classes with their own dynamics and drivers.
Against this backdrop, we seek to: determine inflection points in the market; avoid crowded positions and favour trades with positive technical; identify trades that are not well understood or that are mispriced by markets; actively invest across the broad emerging market universe including smaller and less well-researched markets.
Our Emerging Market Bond Strategy follows a disciplined and repeatable process:
- Bond underlay
- Alpha overlay
- Macro risk management
Team and resources
Our Emerging Market Fixed Income team is based in London, Hong Kong, Singapore, and Kuala Lumpur. Jean-Charles Sambor, who has over 21 years of industry experience, leads the team.
The team consists of portfolio managers, research analysts, and investment specialists with expertise across different sectors and countries. They benefit from access to 10+ local investment centres, as well as our global trading and risk management platform, Sustainability Centre, Quantitative Research Group, and Macro Research team.
- Any views expressed here are those of the author as of the date of publication, are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may take different investment decisions for different clients. This material does not constitute investment advice.
- Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions).