Investor demand builds for emerging-market debt

AsianInvestor: How much do you manage in emerging-market debt assets? We manage around $20 billion in EMD, making us one of the world’s largest managers in this asset class, which gives us a good view on what investors are doing. Besides managing hard-currency EMD, we have Asian, Latin American and global EM local-currency debt funds. About three-quarters of our assets are local-currency-related. What sort of risk appetite are you seeing from investors in Asia and elsewhere for E…