Opportunities in Emerging Markets Debt

January 2020

With duration a powerful tailwind in 2019, emerging markets debt (EMD) delivered some of its best returns in years. Although our investment professionals do not expect the same strong push in 2020 from declining inflationary pressures and accommodative monetary policies, they do believe the asset class will be a positive contributor in portfolios.

Portfolio Manager Abdelak Adjriou recently sat down with AssetTV for a wide-ranging interview. Hear his take on a number of topics:

  • Perceptions on volatility
  • Expectations for the U.S. dollar
  • Outlook for local versus external debt
  • Winning and losing countries from global trade disruptions
  • How U.S. presidential election could affect investments in China
  • Opportunities for integrating ESG considerations in EMD investing
Abdelak Adjriou
Abdelak Adjriou

3 videos, 16 minutes 29 seconds

Text Transcripts

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      International investing involves special risks, such as political instability and currency fluctuations.

      Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

      The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.

      A strategy or emphasis on environmental, social and governance factors ("ESG") may limit the investment opportunities available to a portfolio. Therefore, the portfolio may underperform or perform differently than other portfolios that do not have an ESG investment focus. A portfolio's ESG investment focus may also result in the portfolio investing in securities or industry sectors that perform differently or maintain a different risk profile than the market generally or compared to underlying holdings that are not screened for ESG standards.