Fixed Income quarterly webinars
Join us for our quarterly Fixed Income webinars as we explore evolving global markets and the geopolitical risks reshaping investment landscapes.
Emerging Markets Bonds
A high-conviction and contrarian approach, combining bottom-up and relative-value strategies.
How we can help you
The emerging market bond asset class tends to be driven by short-term news flow, which often takes precedence over fundamentals, resulting in irrational investor behavior. This creates mispricing scenarios which can be exploited by active investors who are able to take a contrarian view when markets behave whimsically.
At the heart of our investment philosophy we want to add value by capturing value and event-driven opportunities.
This observation applies to all three segments of the asset class, hard-currency debt, local-currency debt, and corporate bonds.
The implementation of our investment philosophy is tailored to the unique characteristics of each of these segments. In hard-currency debt, the focus is on value-driven inefficiencies. In corporate bonds, we see also plenty of event-driven opportunities we can capture. In local-currency debt, we apply a broader approach that mixes bottom-up elements with top-down considerations, such as governance and structural development of emerging market countries.
Why partner with us?
Strong track record
Consistently superior risk-adjusted returns versus peer group.
Unique approach
Disciplined and repeatable investment process incorporating both contrarian and value approaches.
Able bond pickers
Accomplished investment team led by highly experienced portfolio managers.
Our offering
Meet the team
Insights
Fixed Income Boutique
EM Bonds: resilience amid oil shock and geopolitical uncertainty
We believe EM fixed income is better positioned today than four years ago, despite uncertainty around the duration of the war and the disruption of oil supply. If de-escalation materializes in the short term, EM bonds may rebound amid a resumption of pre-war trends, including diversification away from US-centric portfolios.
Fixed Income Boutique
Maduro’s capture triggers a review of the TACO mantra
2026 began with the global acknowledgement that the TACO mantra (Trump Always Chickens Out) does not apply to foreign policy. We believe this sends a clear message to leaders of small and medium-sized countries opposing or refusing to cooperate/negotiate with the Trump administration.
Fixed Income Boutique
Emerging market bonds: benefits and risks
Expand your knowledge on the sub-asset class of emerging market bonds.
Fixed Income Boutique
Optimistic outlook for EM bonds
Looking ahead, we expect continued inflows, rising demand, and reduced supply to support EM hard-currency bonds. For EM local-currency bonds, we believe the current macroeconomic environment remains favorable, despite our conviction in a USD bear market being lower than it was a few months ago.
Fixed Income Boutique
Taking shape: fixed income markets in 2026
As we approach 2026, Fixed Income markets are shaped by weaker fundamentals, though lower uncertainty may reduce the likelihood of a catastrophic decline. That said, volatility will remain a defining feature. We believe the year ahead holds great potential for active managers who remain steady at the wheel: cautious but nimble.
Fixed Income Boutique
The hidden potential of corporate bonds
Discover how developed and emerging market corporate bonds may offer stability, diversification, and alpha opportunities. With yields at multi-year highs and improving fundamentals, our experts believe now is the time to unlock the hidden potential of corporate bonds in your portfolio.
