Insights and Market Perspectives

A wide divergence in EM bond performance

Author: Tristan Sones

November 20, 2017

Accommodative monetary policy has propped up global markets over the past several years. As central banks gradually remove this stimulus, we are now seeing countries with weaker fundamentals lag. Tristan Sones explains why Venezuela and India are moving in opposite directions, creating an opportunity for active managers.

 

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.

For further information, please visit AGF.com.

© 2018 AGF Management Limited. All rights reserved.

Written by

Tristan Sones, CFA

Vice-President and Portfolio Manager

AGF Investments Inc.

More articles like this.

Factor investing: Is value ready to make a comeback?

AGFiQ’s Stephen Duench gives his perspective on the value vs. growth underperformance. Can’t view the…

Read More

Welcome to the USMC trade agreement?

A recap of last week’s top economic news and what’s to come Trump continues to…

Read More

Why EM stocks are a better diversifier than some may think

Correlations with Canada’s equity market are much lower today because of the technological transformation underway in the developing world.

Read More