Investment approach
Blended macro and country-focused approach
The strategy combines top-down macroeconomic analysis with bottom-up country insights, supported by a rigorous ESG framework.
Experienced international team
The strategy is led by a seasoned team of 11 investment professionals, each bringing multi-decade experience in international markets and diverse global perspectives.
Focused risk management
The strategy seeks to reduce volatility by actively managing tracking error, adjusting it based on risk-on and risk-off market conditions.
Benchmark
JP Morgan Government Bond Index - Emerging Markets Global Diversified Index
Total composite assets
$1.0 billion as of 3/31/2025
Inception
12/31/2013
Investment philosophy
Our strategy is designed to capture the attractive yields and income potential of locally denominated emerging market debt while enhancing downside risk mitigation throughout the emerging market cycle. We use a top-down macro approach to set the portfolio’s risk budget, which is allocated across foreign currency and interest rate levers, while bottom-up country analysis uncovers specific opportunities with favorable risk-reward profiles.
Invesco Emerging Markets Local Bond team
Why Invesco for Fixed Income?
Delivering strong active capabilities across an opportunity set that spans various sectors and credit qualities.
