To paraphrase Mark Twain, the reports of the death of EM bond markets have been greatly exaggerated. Increased global allocations to local EM bond markets have been not cyclical but primarily structural in nature, reflecting these markets’ rising ec...
Our sensitivity indicator of yield vs. positioning is falling; EM/DM yield spreads to widen near-term
• Within EM, low-yielding bonds to outperform high-yielding as the sensitivity of positioning to yields falls
• Investors should keep exposure to...
SC FIRST is based on novel, deep, on-the-ground insight into foreign investor activity in EM bonds
• Our dataset of foreign holdings of GBI-EMGD local debt is USD 484bn, 4x the size of EPFR data
• We quantify three different investor types and us...
Local-currency emerging bond markets have seen ever greater levels of foreign demand as global investors flee from the ongoing European sovereign crisis and continue to allocate to fixed income securities. From less than USD 150bn in March 2009, for...
If this is a public computer please consider checking this box carefully.
Please access our research via your Straight2Bank account
The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility.
In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.
About Standard Chartered
Group investor relations
Group media centre
WB media centre
Copyright © 2014 Standard Chartered Bank