Emerging Market Corporate Bonds: Accessing Some of the World's Most Dynamic Growth Opportunities

Over the past 20 years, economic, political and technological events have led to a dramatic growth in Emerging Market economies. Increased globalization, the dissolution of the communist bloc and the opening up of previously inaccessible markets such as China have all played a part in the expansion of investment opportunities in these countries, which has in turn helped to reshape the investment universe in Emerging Markets. The Emerging Market corporate bond market has become particularly appropriate for a wider range of investors due to its size, liquidity and improving transparency. In this paper, Aberdeen looks at the growth in the Emerging Market corporate bond market, why this market is increasingly attractive as a standalone asset class and the risks that might be associated with investment.