Tapping into dynamic growth economies Aviva Investors Emerging Market Debt

Our range of emerging market debt strategies offers compelling capital growth and income opportunities relative to developed market fixed income.

Established expertise in emerging market debt (EMD), managing over US$13.5 billion for our clients.

We offer a range of EMD strategies that span the EMD universe from benchmarked, hard currency sovereign, hard currency corporate and local currency sovereign strategies as well as total return strategies that allocate across the EMD universe.

Our flexible investment approach seeks to identify and capture the diverse opportunity set available in emerging markets and deliver consistently strong risk-adjusted returns through market cycles.

Globally integrated - by fostering collaboration between teams based in London, Chicago, Singapore and Warsaw, we maximise the potential for differentiated idea generation across the emerging debt universe.

Flexible idea generation - the combined consideration of macroeconomic, fundamental, valuation and technical factors helps us generate consistent performance through market cycles.

Risk-aware process - disciplined focus on the balance between risk and opportunity helps us to deliver strong risk-adjusted returns.

Tapping into dynamic growth economies

Fund Manager Views: Emerging Market Debt

Liam Spillane, Head of Emerging Market Debt, discusses the outlook for emerging market debt. While the macroeconomic backdrop looks positive, being selective will be key.

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Benefits

Attractive, sustainable returns from some of the world’s most dynamic economies.

Maturity of the asset class

Compared to developed markets, emerging market economies have higher growth rates and lower debt-to-GDP ratios. Standards of governance and market accessibility are also improving, alongside economic and social reform.

Portfolio Diversification

As a global asset class, EMD offers portfolio diversification across regions and countries and across sovereign and corporate issuers in both hard and local currencies. Each of these segments has unique idiosyncratic risk profiles and return drivers, meaning that EMD can provide stable, diversified returns for investors.

Alpha Opportunities

We believe that EMD markets are inherently inefficient. This creates alpha opportunities for our fund managers to exploit across countries, issuers, yield curves and currencies.

Key Risks

For further information on the risks and risk profiles of the funds, please refer to the fund documents and Prospectus.The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency exchange rates. Investors may not get back the original amount invested.

The funds invest in emerging markets; these markets may be volatile and carry higher risk than developed markets.

Bond values are affected by changes in interest rates and the bond issuer's creditworthiness. Bonds that offer the potential for a higher income typically have a greater risk of default.

The funds use derivatives; these can be complex and highly volatile. This means in unusual market conditions the funds may suffer significant losses.

Certain assets held in the funds could, by nature, be hard to value or to sell at a desired time or at a price considered to be fair (especially in large quantities), and as a result their prices could be very volatile.

Emerging Market Debt Team

A global team for a global asset class.

Emerging Market Debt Strategies

Our global, flexible and risk-aware investment approach is tailored to deliver strong risk-adjusted returns across local and hard currency markets.

Aviva Investors
Emerging Markets Hard Currency Bond

Pure asset class exposure
Full coverage of sovereign universe with investment outcomes aligned with investor expectations

High conviction investment style
Investing in the most fundamentally robust opportunities

Aviva Investors
Emerging Markets
Local Currency Bond 

Separation of duration and FX decisions
Efficient management of currency volatility and opportunities

Proprietary investment process
Blend of qualitative and quantitatively back-tested indicators

Aviva Investors
Emerging Markets
Corporate Bond

Pure asset class exposure 
Full coverage of EM corporate universe with investment outcomes aligned with investor expectations 

High conviction investment style
Investing in the most fundamentally robust opportunities

Read more about the strategies

Download copies of our factsheets, essential documents such as KIIDs and the Prospectus, and supporting literature.

Fixed income insights

Read the latest market and strategy views from our global team of fixed income specialists.

Explore our fixed income range

Contact us

For further information contact your sales representative or our investment sales team.

+65 6491 0560*

*Calls to this number may be recorded for training and monitoring purposes, and to comply with applicable law and regulations. 

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