Emerging Markets

PIMCO's specialist team aims to use scale and global expertise to navigate this rich landscape.

in-page

PIMCO's Emerging Markets Platform

$36.1B

Assets under management in emerging fixed income strategies (USD as of 9/30/2022)

30 PMs

Specialized and strictly devoted to emerging market portfolio management

30+ Analysts

Covering emerging markets credit research

Why Emerging Markets?

There are three compelling reasons to consider emerging market (EM) debt today – and four key reasons why we think PIMCO is well-positioned to be your information source for EM. Learn about the opportunities we see and the potential benefits of our EM platform.

PIMCO's Capabilities in Emerging Markets

Leverage our built-to-scale, tested process for informational, analytical and behavioral advantages.

globe

Extensive Resources

Gain insight from our ability to cover this resource-intensive asset class with a global team, 24-hour coverage and strong issuer relationships.

telescope

Macroeconomic Insights

Wield top-down expertise from our investment committee, global advisory board and regional portfolio committees to guide the EM investment narrative in a global context.

warning

Rigorous Risk Management

Aim to identify extreme events and calibrate sensitivities with our quantitative analytical models and diversification across the opportunity set.

building

Specialized Knowledge

Focus on proprietary relationships and bespoke transactions to access opportunities and information.

Active Management in Emerging Markets

Three types of active positioning may help reduce traditional EM risk while maximizing potential return.

Active positioning for EM portfolios

  • OPPORTUNISTIC ALPHA

    Seek potential returns from rare idiosyncrasies.

  • THEMATIC TILTS

    Traditional over- and under-weights by country, sector and risk factor.

  • BETA ENHANCEMENTS

    Seek to eliminate typical EM index inefficiencies.

Source: PIMCO. For illustrative purposes only.

Get Emerging Markets Focused Insights

Sign up to get PIMCO’s latest insights delivered directly to your inbox.

Disclosures

All investments contain risk and may lose value. Investing in foreign-denominated and/or -domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Sovereign securities are generally backed by the issuing government. Obligations of U.S. government agencies and authorities are supported by varying degrees, but are generally not backed by the full faith of the U.S. government. Portfolios that invest in such securities are not guaranteed and will fluctuate in value.

Alpha is a measure of performance on a risk-adjusted basis calculated by comparing the volatility (price risk) of a portfolio vs. its risk-adjusted performance to a benchmark index; the excess return relative to the benchmark is alpha.

There is no guarantee that these investment strategies will work under all market conditions or are appropriate for all investors and each investor should evaluate their ability to invest long-term, especially during periods of downturn in the market. No representation is being made that any account, product, or strategy will or is likely to achieve profits.

PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the opinions of the manager but not necessarily those of PIMCO, and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. ©2021, PIMCO.

CMR2021-0818-1765104