Winnersrationale

“Investing in fixed income in emerging markets can be an undeniably tricky affair: from currency fluctuations to diverging central bank policies, to geopolitical risk. But BNP Paribas Asset Management appears to have cracked the code with its Emerging Bond Opportunities, which has successfully delivered long-term, above-benchmark returns all while adeptly managing volatility,” said Daniel Shane, editor of Asian Private Banker.

“A big part of the success of the Emerging Bond Opportunities fund comes down to how its portfolio managers take high conviction – and often contrarian views – that enable them to flexibly allocate across both local and hard currency assets. A clear example of doing so that generated alpha for clients was BNP Paribas Asset Management’s bullish view on Turkey in mid-2023, a notoriously tricky call to get right given that regime’s often unconventional stance on monetary policy.

“That has clearly resonated with private bank clients in Asia Pacific, who contributed positive inflows to the Emerging Bond Opportunities fund despite a tough underlying investment environment. For these reasons, Asian Private Banker would like to congratulate BNP Paribas Asset Management on its success in the category of Best Fund Provider – Emerging Market Bond at the Asset Management Awards for Excellence 2024.”