Distressed EM bonds: New opportunities for active investors

Emerging market sovereigns that have restructured their debt present a new set of opportunities for fixed income investors. Countries like Zambia, Ghana, and Sri Lanka have posted strong returns following recent restructurings, with innovative bond features tied to economic performance. These instruments, while risky, offer the potential for high returns for investors who can navigate the complexities of distressed sovereign debt. Discover the potential in distressed EM sovereign bonds by reading the full article.