Before Economic Forums were mainstream on Wall Street, our investment professionals were gathering to identify economic and market trends for our clients. Decades later, the cornerstone of our process is stronger and more important than ever.
EM as a whole stands to potentially benefit from China’s post-pandemic economic reopening, with differentiation among individual countries as global trade allegiances shift.
After withstanding a multitude of global challenges last year, emerging markets look poised for improvement as inflation recedes and the path of monetary policy comes into view.
Inflation is receding and real interest rates are climbing in EM after a year of tightening monetary policy.
The growing market for ESG-labelled bonds in EM local currencies may offer a way to access EM local’s attractive yield potential within a sustainability-conscious framework.