- We expect emerging markets debt issues in local currency to outperform other fixed-income asset classes in coming quarters.
- Investors can choose dollar-denominated bonds or those that are issued directly in the local currencies of EM countries.
- Local currency sovereign bonds give investors an avenue to diversify their holdings away from the U.S. dollar and also to benefit from potentially stronger economic growth in emerging markets.
- Our expectation is for local markets to outperform other fixed-income asset classes in coming quarters.
For further details see:
The Case For Local Currency Emerging Markets Debt