…we believe the upcoming easing cycle by the Federal Reserve represents a significant opportunity for EM debt. Historically, EM debt has performed well following U.S. rate cuts, and with EM central banks likely to lower rates to stimulate growth, the asset class is well-positioned for strong returns. Attractive yields, supported by solid fundamentals and a rebound in global risk sentiment, further enhance its appeal…

Our guiding principles of resilience, optionality, and agility, or “ROA,” will steer us toward achieving our desired returns without committing non-recoverable mistakes. By adhering to our strategy of “planning the trade and trading the plan,” we intend to continue to navigate and leverage market volatility to our advantage, thus providing a better approach to emerging markets.