Emerging Market (EM) corporates are as varied as the language, climate and cuisines of their home countries. We believe this diverse asset class can serve as an extension to existing corporate credit allocations or as a compliment to EM sovereign exposure. EM corporate debt provides investors with a high quality source of yield, and over the medium- to long-term, we believe companies in this investment universe stand to benefit from a shift in economic potential from developed to emerging markets.
EM economic growth has been accompanied by growth in EM asset classes. Deeper capital markets and rising investor demand has helped the EM corporate debt sector grow 300% in the last decade to become a core component of the global fixed income opportunity set.
