Aviva Investors ups EMD exposure across AIMS range on China monetary boost expectations

Positive return prospects for asset class

Aviva Investors has been increasing emerging market debt (EMD) exposure across its multi-strategy and AIMS fund range on expectations the asset class's return prospects will be boosted by China's ongoing attempts to stimulate ailing growth.

While bond yields have fallen to record lows throughout developed markets in recent years, as investors flock to safe haven assets on global growth concerns, senior multi-asset fund manager Gavin Counsell (pictured) believes EMD prices could rise this year as China's growth continues to slow and move closer in line with the rest of the world. The People's Bank of China has already introduced an abundance of fiscal and monetary stimulus over the past year in a bid to improve growth, and Counsell believes the likelihood of the country introducing further stimulus measures, such as quantita...