Morning Meeting: The Case for Emerging Market Debt

The video discusses the attractiveness of emerging markets in the context of low global yields and the challenges faced by pension fund managers. It explores the potential decoupling of emerging markets from developed markets, driven by different economic cycles. The discussion includes the risks and rewards of investing in local currency debt, particularly the currency risk involved. The video also highlights the growing demand from Asia and Europe for emerging market assets and the trend of crossover investments, where investors seek returns in unfamiliar asset classes.

What are the potential risks associated with investing in local currency debt?

How has the perception of emerging markets changed in recent years?

What strategies can investors use to mitigate risks in emerging markets?