mallowstreet University Dinner: Opportunities in Emerging Market (EM) Debt

EM Debt has been rocked by inflation, rate risks, a rising dollar and geopolitical tensions. But default worries are overdone.

 

EM Debt investors have rarely faced a more complex economic and geopolitical environment. But as this complexity forces many to shy away from the asset class, attractive opportunities have also opened up. That’s particularly apparent given how the markets have priced risks into emerging markets – EM Debt default risk is priced at levels, that are not only attractive historically, but also relative to other asset classes.

 

History shows that entry points matter when allocating capital. Investments made during times of stress, when visibility is clouded and the macroeconomic and geopolitical environment is complex, tend to show stronger long-term returns than when made in calm weather when valuations tend to be rich. On that basis, the current market environment for EM Debt seems propitious. But with a high degree of dispersion across the asset class, careful analysis is also needed to avoid pitfalls. The current point of the cycle, together with judicious selection that comes with careful active management should reap rewards over the coming years.


Join the team from Pictet Asset Management over dinner as we explore where next for Emerging Market Debt.

Speakers

Program

  1. Guest Arrival and Welcome Drinks

  2. Seated for Dinner

  3. Service Begins followed by Presentation and Discussion

    EM Debt has been rocked by inflation, rate risks, a rising dollar and geopolitical tensions. But default worries are overdone. Join the team from Pictet Asset Management over dinner as we explore where next for Emerging Market Debt.

  4. End