How to invest in EM debt

Emerging markets debt – in particular local currency debt – has been one of the most talked about asset classes of the past 12 months. Recent positive structural reforms in emerging markets, such as better fiscal and monetary policy, bank reforms and an accumulation of foreign exchange reserves, have been crucial in boosting investor confidence and supporting the growth of emerging debt markets and currencies. Here we explore the different ways to invest within the asset class and the considerations first-time investors should bear in mind when weighing up whether to make an allocation. ...