Macro

Emerging Markets in 2019: What’s in Store for The Asset Class?

This year was not particularly forgiving for emerging market assets. Rising US interest rates and a strengthening US dollar coupled with a wider shift from quantitative easing to tightening led to broad-based repricing across the investment landscape. It was also a year that saw political and policy uncertainty, trade wars, and commodity and asset price volatility weigh heavily on market activity. What does 2019 have in store? Bonds & Loans speaks with investors to get a sense of what keeps them up at night when thinking about the year ahead, and takes a look at some of the top themes likely to dominate the EM credit landscape in 2019.