In emerging markets (EM), the universe is so diverse that geopolitical events and significant policy decisions are part and parcel of the investment landscape, often driving the volatility and dispersion that can be harnessed to generate returns.
However, the volatility that can crop up in emerging markets debt (EMD) has led investors to closely scrutinise the timing of capital deployment, as well as the characteristics of the underlying beta of the sub-asset classes. Much of the interest in recent years has focused on strategies that are capable of delivering returns, whilst navigating volatility through asset allocation.
Source: RBC GAM, as at July 2026.
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