Finding yield in emerging market debt: Managing risk to optimise returns
Emerging market debt is looking increasingly attractive for investors hungry for yield. Driven by the need to deliver fixed returns, institutions are looking to capitalise on the stable dollar, accelerating growth rates and strengthening currencies in many developing economies, as well as signs of improvements in commodity prices. Caution is the watchword, however, as emerging market fundamentals remain uncertain, heavily influenced by fragility in global trade, potential interest rate increases and geo-political developments. In this environment how can pension schemes optimise returns from emerging market debt? How are hard currency denominations performing against local currency bonds? How should investors choose between active and passive strategies to manage exposure to volatility?
To address these and other key questions, the Financial Times Group and Franklin Templeton Investmentswill convene a high level roundtable in Düsseldorf to explore investor appetite for emerging market debt, and the most effective investment strategies to maximise returns from this dynamic asset class.