EDD News and Press, Morgan Stanley Emerging Markets Domestic Debt Fund Inc. From 06/08/20

By Shamaila Khan As the coronavirus crisis unfolded, prices tumbled and yields spiked to record highs across investment-grade emerging-market debt ((EMD)) - a sector widely considered to have healthy credit fundamentals and a low risk of defaults. Yield Gap Widens with US Corporates ...

By Justin Leverenz, CFA, Team Leader and Senior Portfolio Manager Understanding the economic stresses across EM is important. Still, it does not affect our core approach to investing, which is to unearth extraordinary companies, even in low-growth economies that we believe have the pot...

Author's note: This article was initially released on May 15, 2020 and data are from that date. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end ...

In this paper, we look at the evolution and characteristics of the Emerging Market ((EM)) fixed income asset class, since the 1980s, drawing on FTSE Russell data. We find EM fixed income is now a substantial and investible asset class and very different from the asset class that suffered major...

The last few weeks have seen enormous volatility across financial markets. The CEF space has been particularly hard hit due to the funds' use of leverage alongside sharply widening discounts. Increased volatility tends to go along with increased dispersion, which can open up both tactical and ...

By Nicholas Hardingham, CFA, Senior Vice President, Portfolio Manager, Emerging Market Debt Analyst, Franklin Templeton Fixed Income With some countries slowly lifting coronavirus lockdown periods, does it make sense to invest in risk assets again - namely emerging markets? Franklin Templ...

By Robin Marshall Concerns about a wave of EM defaults has recently emerged Some commentators have expressed concern about a wave of Emerging Market ((EM)) debt defaults, based on the scale of the Covid-19 shock, declines in commodity prices, the expansion in EM debt since the GFC, the...

By Carol Lye A black swan virus shock brought the world to its knees—dealing a particularly acute blow to emerging markets. It was only a year ago that emerging markets recovered from the previous Federal Reserve (Fed) tightening and trade war crises. Britney Spears’s &#...

Many emerging market ((EM)) countries will likely be hit harder by COVID-19 because of structural vulnerabilities and weaker institutions - in other words, their ability to contain the pandemic and their capacity to stimulate their economies. But while there is reason for concern, there is als...

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 ...