Investors debate whether flows to EM debt represent secular shift

In November, sovereign debt from the likes of Indonesia and the Philippines was trading inside that of peripheral European countries such as Spain. But should that be taken as a sign of how the risks of investing in EM debt have changed, or a sign of dangerous overheating?

money-burn
Emerging markets: hot money?

Emerging markets have been the target of increasing investor interest ever since China joined the World Trade Organisation in 2001. But until recently, money flows into emerging market bonds were restrained by fears over the sustainability of growth and by the limits on both market access and investor understanding.

This year, however, amid widespread concerns over the economic health of the developed world, money has poured into markets across Asia, Latin America and Africa and much of it is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here