Over the past two decades, the value of outstanding US dollar-denominated Emerging Markets (EM) corporate debt has increased by a factor of 20, to over $1.5 trillion – a larger asset pool even than US dollar EM sovereign debt, according to Bank of America Merrill Lynch. This growth has created unique opportunities for investors, particularly those rethinking their asset allocation and risk-reward profiles while seeking diversification and less correlated return streams.
In our upcoming webinar in partnership with Credit Suisse, our expert panel will address questions such as:
- During Covid-19, how well did EM corporate bonds perform and why?
- What are the key risk-reward factors that distinguish EM corporate from EM sovereign debt – and how are they influenced by historical default rates?
- How can EM corporate bond valuations create attractive investment opportunities in countries where sovereign ratings are relatively low?
- When does EM investment grade corporate debt offer an attractive alternative to developed market credit, vis-a-vis the underlying country exposures?
- Which unique considerations are relevant to EM bonds, particularly when it comes to transparency, governance and auditing?
Join us for an in-depth discussion on this exciting area within fixed income.