While developed market economies struggle with substantial debt burdens and forced austerity programmes, emerging markets continue to post strong growth levels and lead the global economic recovery.
Such fundamental drivers as rapid productivity gains, generally favourable demographics, significant natural resources, lower financial penetration and an increasingly affluent middle class should continue to underpin robust, long-term GDP (Gross Domestic Product) growth in Emerging Markets.
Emerging Market Fixed Income
Emerging Market Fixed Income has grown significantly as an asset class to over US$ 10 trillion1 in outstanding debt and has an improving credit rating (reaching BBB- in 20112). AXA IM continuously monitors different areas of the market in order to identify any relative value opportunities.
The team's expertise in both hard and local currency markets affords investors the opportunity to choose from different risk/return profiles.
AXA IM Emerging Market Fixed Income Funds
AXA WF Global Emerging Markets Bonds
AXA WF Emerging Markets Local Currency Bonds
Literature
Emerging Market Equity
Emerging Market Equity provides an opportunity to capture the attractive, sustainable growth arising from the rapid development in these markets. AXA IM's approach relies on the identification of companies which are consistently generating superior Return on Invested Capital (ROIC).
The team allocates to sectors rather than countries, picking the most attractive stocks in each. AXA IM believes that in an increasingly globalised world, many industries are now global in nature and that ROIC can only be sustained through competitive advantage.
AXA IM Emerging Market Equity Funds
AXA WF Framlington Emerging Markets
AXA WF Framlington Emerging Markets Talents
AXA WF Framlington Europe Emerging