Skip to content

Asset classes

Emerging Market Debt

We offer three areas of expertise – local currency debt, hard currency bonds and inflation-linked bonds. One thing these have in common is our conservative approach, which is designed to deliver sustainable returns, not short-term gains. We have avoided any sovereign defaults since 2000.

• Investing in emerging debt since 2000

• Around $4 billion of emerging market debt assets under management

• Stable, experienced team based in London and Singapore

• Well-diversified investment ideas drawn from qualitative and quantitative analysis

• A conservative approach that focuses as much on what not to buy as on identifying what to buy.

 Aviva Investors was one of the first asset managers to launch local currency and inflation-linked emerging market debt strategies.

 

Strong analytical focus

 We draw investment ideas from four main sources:

1. Our global macro analysis identifies themes which are likely to affect asset valuations in emerging markets.

2. We analyse country credit ratings on a forward looking basis.

3. A key differentiator of our process is that we augment research with quantitative techniques that take into account long-term valuations, and short-term and technical factors.

4. We analyse yields to identify potential relative value investment opportunities.

A proven, long-term track record

We were among the first to set up a specialist capability in emerging market debt over a decade ago. We launched a local currency bond fund in 2006 and an emerging market inflation-linked bond fund in January 2010.

Data as at 30 September 2011.

Aviva Investors Emerging Market Debt - March 2013 - Anne-Sophie Girault

.