News Analysis

Henderson Global Investors has appointed Steve Drew as head of emerging market credit,with further hires planned later this year.

Multi-asset managers have begun to add exposure to emerging market debt (EMD) after yields on dollar-denominated debt rose above those on junk bonds for the first time since 2005.

ETF flow data from iShares reveals investors have been selling equities and buying bonds in the first quarter of the year, with the five top-selling ETFs all belonging to the fixed income space.

Legg Mason's Evan Bauman has compared the market conditions in the US to the bubble environment of 2000 as valuations reach record levels.

The five best-selling UK All Companies funds saw more than £1bn in collective inflows in the first two months of the year, confirming UK equities are back at the top of investors' wishlists.

Standard Life Investments' EM managers Alistair Way and Mark Vincent are looking to stocks in the ‘fragile five' countries to generate performance in their funds.

Only one holding in the BlackRock Continental European Income fund has cut its dividend in the three years since the fund launched, the managers said, as the environment for European dividends looks increasingly stable.

Brazil and Mexico offer the best opportunities for investors seeking an entrance to emerging market debt, Western Asset Management Europe's director has suggested.

J.P. Morgan Asset Management's Austin Forey is taking overweights in emerging market countries holding elections this year, in the view their shares could rally after a dismal start to the year.

Emerging markets took a tumble at the start of the year and worried investors pulled their money out of some of the largest emerging market equity funds in the UK market.