The case for a passive approach to investing in local-currency-denominated emerging-markets government debt has merit, and iShares exchange-traded fund stands as an interesting option. The compounding benefits of low fees and the diversification of issuers at the portfolio level are key points in its favor.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EMGA’s performance objective and investment process is for both security selection and portfolio construction.
