EDD News and Press, Morgan Stanley Emerging Markets Domestic Debt Fund Inc. From 04/21/20

The Coronavirus outbreak has hit Emerging Markets, traditionally a higher-return, higher-risk asset class, which has suffered as investors sought safe-haven assets. Some emerging markets, like Russia and Mexico, are also big oil exporters, so they've been damaged by the recent collapse ...

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Investors are reassessing their portfolios and asset allocation due to the uncertainty created by COVID-19 and its potential impact on both the global economy and prices. At this time of rising uncertainty and heightened volatility, we share our latest thoughts on investment opportunities acro...

Author's note : This article was released to CEF/ETF Income Laboratory members on March 30, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements...

By Scott DiMaggio and Gershon Distenfeld Most of the global bond market sold off sharply in the first quarter as the coronavirus crisis emerged and intensified. Economic activity halted across much of the world. Credit spreads—yields relative to comparable-maturity government bond ...

Pretend for a minute that it's 2019 and you're Brazil. Or maybe Turkey, your choice. You've got a lot of infrastructure to build if you want to keep your people happy, and to fund those projects you'll need to borrow a lot of money. That's not a problem, because borrowing is easy. The whol...

While the full impact of COVID-19 on the global economy is still unknowable, we are gaining perspective on its economic impact, and thus its investment implications. Captured below are perspectives from each of our investment teams. We are stress-testing companies using a common set of refe...

A number of factors lead us to think the outlook for emerging markets debt ((EMD)) is positive. Last year's performance was clearly above average (primarily driven by falling U.S. Treasury yields, rather than EMD risk premia compression). This year's overall balance of factors looks marginal...

A version of this material originally appeared in the Financial Times on 26 February 2020. The debt burdens carried by emerging markets have become a regular feature of reports on threats to financial stability. The total debt for 30 large EM countries reached $72.5tn in 2019, a 168 percen...

Markets began reacting to the potential economic impact of the coronavirus during the week of February 18, and we could see further volatility in the coming weeks - but we believe changes in emerging markets debt (EMD) spreads present a clear buying opportunity. Below we discuss our outlook an...