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The twin shocks of Russia’s invasion of Ukraine and tightening monetary policies, driven by rampant inflation, led to one of the largest drawdown periods in emerging markets’ (EM) 30-year history.
But looking behind the negative headlines, a more nuanced picture emerges.
Investors who followed an active asset allocation approach and had a larger long bias to currencies over EM credit benefited in this environment, aiding downside protection.
But active asset allocation isn’t the only way to protect downside in volatile environments. We believe it is one of three strategies that investors should consider.
Download our latest insight to learn about the three strategies and what we believe to be the most attractive EM debt investment solutions for protecting downside in volatile markets and capturing upside when markets turn.
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