EM bond funds to watch based on their AuM
There has been little movement in the top ranking global emerging markets bonds funds in terms of their assets under management in the past 12 months.
There has been little movement in the top ranking global emerging markets bonds funds in terms of their assets under management in the past 12 months.
The evolution of the EM bond fund asset class has seen recent launches emphasise either flexibility, blended strategies for instance, or specific areas of the market, such as short duration funds.
The November sell-off in emerging markets debt was more severe for the local currency part of the market, so it is no surprise that hard currency debt funds were among the top performers through November 2016.
JP Morgan Asset Management has launched a Ucits fund for investors looking to maintain their holdings in fixed income and limit their exposure to rising rates, while still achieving a reasonable level of income in the current low interest rate environment.
Interest rate volatility has spiked and investors are urged to stay away from bonds with long maturities, especially in developed markets, according to Allianz Global Investors’ chief investment officer, Malie Conway.
European investors sold off all types of bonds and bought US equities in November as bond yields and inflation expectations surged. Has the great rotation now finally started?
Standard Life Investments’ suite of multi-asset funds, known as MyFolio, has sold all its government bonds, both tactically and strategically, amid diminishing yields.
Schroders has launched the Schroder ISF1 Global Credit Income fund, its first credit income fund.
UBS Asset Management has listed five new exchange-traded funds (ETFs) tracking two benchmark indexes for US Treasury Inflation Protected Securities (Tips).
The sharp jump in global inflation expectations since Donald Trump’s US election success papers over several significant differences in the inflation path for different countries, said Tanguy Le Saout.
Short duration or long duration? That is the question. And the answer, for past few years, has been ‘long’. It’s worked a treat for some. Could things be about to change or is the raging 30-year plus bull market going to go on for longer?
If a week is a long time in politics, then in markets it can make or break a trader, while heightening the contrarian instincts of investors with a longer-term view.