But growth and sentiment set to improve
After a volatile Q4 2018 when credit spreads widened but government bonds rallied due to safe-haven flows, fixed income markets across different categories have delivered strong returns so far this year.
Emerging markets, much like developed markets, have been influenced by macroeconomic and political developments since the start of the year.
Public consultation reveals investor concerns before further inclusion considered
The key themes to look out for
Saudi Arabia's successful 'Future Investment Initiative' ('Davos in the desert') last month and the much-anticipated listing of Aramco have reminded us of the potential of the Gulf region for investors.