By Gustavo Medeiros, Ben Underhill, Simon Cooke
The Emerging View

Generating impact and returns through EM public debt markets

Global sustainability funding needs are overwhelmingly concentrated in emerging markets, yet impact capital still skews to developed markets. The September Emerging View sets out why EM public debt is the most scalable way to close the gap.

Subscribe to our insights

Subscribe and get notified as soon as we publish our content

The latest insights from our categories

Weekly investor research

Kevin Warsh the hawk

Oil eased as Hormuz flows recovered, but escalation risks stay high ahead of Trump and Xi’s Washington meeting. Plus: the BoJ hikes while the BoE holds, memory chips set to overtake non-memory, Brazil’s polls diverge and Fitch affirms Morocco.

Latest Insights

The Emerging View

The case for EM external debt

The case for Emerging Markets external debt is solid. The long-term risk-reward has been and remains compelling. The outlook over the medium-term also favours the asset class as the unwinding of distortions in global bond markets attributable to Quantitat
The Emerging View

Beware of Big Fiscal

Picture yourself in charge of the government of a rich country.
The Emerging View

The 2019-2023 EM fixed income outlook The Emerging View

Emerging Markets (EM) fixed income should deliver compounded returns ranging from 30% to 60% in Dollar terms over the 2019-2023 investment horizon as markets revert to unwinding the so-called QE trades
The Emerging View

US late cycle dynamics and EM bonds

The recent volatility in US stocks may be a warning that the US business cycle expansion is moving into its late stages.
Market Commentary

Convergence, Big Time

A new study shows strong empirical evidence in favour of Emerging Markets (EM) economic convergence, which is arguably the single most important fundamental rationale for allocating to the EM asset class.
The Emerging View

Déjà vu 2002

The 2018 sell-off in EM local markets is more than a mere conventional ‘buy the dip’ opportunity.
The Emerging View

The EM equity universe: 7 implications of evolution

The size of the Emerging Markets (EM) equity universe is significant. It is evolving quickly and becoming more sophisticated as EM broaden, deepen and liberalise, better reflecting their underlying economic growth drivers.
Market Commentary

Saudi Arabia’s Big Year

It was announced on 28 March that Saudi Arabia will be a constituent of the FTSE Emerging Markets index.