The evolution of emerging market debt

HSBC Asset Management's emerging market debt specialists Guillermo Osses, and Nathan Chaudoin discuss this diverse and rapidly growing marketplace.

Developed markets continue to struggle in the aftermath of the financial crisis. With their adoption of low interest rate policies, advisers have begun to scour the globe for yield, and the lure of attractive returns has enticed many to examine the benefits of a strategic allocation to emerging market debt. In fact, advisers can no longer afford to turn a blind eye to the significantly higher yields found in emerging markets in exchange for what has historically been more political stability from developed markets. Emerging economies weathered the credit crisis far more successfully than...