Stephen Baines, co-manager of the recently launched Kames Short Dated High Yield Global Bond fund, said one of the reasons he is avoiding emerging market debt (EMD) is credit ratings agencies struggle to capture qualitative risks such as political and legal issues.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
