Emerging market debt (EMD) has been one of the beneficiaries this year as investors start to take on more risk within their portfolios.
For retail investors though the number of funds in the space is still limited, despite the sector starting to attract more interest. One of the most recent launches is the First State Emerging Markets Bond fund, unveiled in October 2011. Since launch, the fund is up 5.99% compared to an IMA Global Bond sector average of 3.35%, according to FE. First State recruited a new team to run the fund led by Helene Williamson who joined from F&C Asset Management where she was head of emerging market debt for 16 years. The group had already been running fixed income money in Australia under t...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes