The drivers powering investor interest in EMD

Almost a decade after the global financial crisis, investors continue to contend with slow global economic growth.

Unprecedented intervention in financial markets by monetary authorities, seeking to bolster fragile economies, has had a deeply depressing effect on yields. As we extend into the latter stages of the economic cycle, this backdrop of diminished yields looks set to continue. Kames' Roberts: EMD is least appealing area of fixed income market For investors eager to fulfil the income objectives of their investment strategy, the search for yield over recent years has drawn many to high yield bonds alongside dividend equity focused strategies. But as the complexion of markets continues to...