Haugaard: Top 10 Countries Make Up 42% of EMBI vs. 86% of GBI-EM
Thomas Haugaard · Thomas Haugaard - Hard Currency Emerging Markets Debt at JHI (EP.356) · Dec 14, 2023 · at 9:34
Thomas Haugaard of Janus Henderson Investors compares the concentration and diversification of hard currency versus local currency emerging market debt indices.
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“I think if you take the top 10 countries in the MB, the hard currency index, they constitute around 42% of the total index. If you take top 10 names in the local currency index, it's around 86% of the index.”
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