Emerging Market Local Currency Debt

Investment Objective:

To achieve high income yield and long-term capital appreciation through investing in debt securities and derivative instruments issued by emerging market countries and denominated in their local currencies.

This product seeks to outperform the JP Morgan GBI-EM Global Diversified Index by an average of 300 basis points per year.

The Invesco Edge:

  • Extensive global platform, essential for successful fixed-income portfolio management
  • Distinct investment culture and approach focused on diversified alpha generation
  • Flexible delivery of investment solutions to meet global and local client needs

Investment Strategy:

Invesco Emerging Markets Local Currency Debt is a total return strategy that generates returns by actively managing a diverse portfolio of emerging market local currency debt securities in multiple countries. The strategy takes advantage of local currency debt and, to a limited degree, dollar denominated debt and emerging markets corporates from diverse sectors and industries.

This strategy exploits the entire quality spectrum and combines a top-down country allocation with rigorous bottom-up credit analysis and valuation of individual issuers. Our disciplined portfolio construction places a strong emphasis on risk management while striving to avoid substantial credit deterioration, currency devaluation and participate in the upside of a positive movement.

Invesco's Emerging Markets Local Currency Debt strategy is available as a separate account and an offshore commingled fund domiciled under Luxembourg regulation.