Two of the largest investors in emerging market debt have denied a liquidity crisis is on the horizon despite major outflows and a sell-off in recent weeks.
F&C has hired Peter Svoboda as a product specialist in its emerging market debt team as it continues to strengthen the unit following the departure of Helene Williamson.
Investors have accused the Federal Reserve of ‘fiddling while Rome burns' after its latest attempt to support the US economy was followed by a brutal market sell-off.
Emerging economies would face a systemic crisis if foreign investors, who own one-third of EM local currency debt markets, begin to pull out their cash, fund managers have warned.
HSBC Asset Management's emerging market debt specialists Guillermo Osses, and Nathan Chaudoin discuss this diverse and rapidly growing marketplace.
Top managers talk to Kate Hollis, director, fund research at S&P Fund Services, about their outlook for the asset class.