Executive Summary

This report provides detailed information from U.S.-based investors investing in Emerging Markets, including helpful benchmark data such as:

  • Trading volume
  • Assets under management
  • Electronic trading activity
  • Product usage information

Graphic slides include:

  • Total Trading Volume – Distribution by Type of Investor
  • Total Trading Volume – Distribution by Product
  • Local Currency Sovereign Bonds Trading Volume – Distribution by Region of Issuer
  • Hard Currency-denominated Bonds Trading Volume – Distribution by Region of Issuer
  • Electronic Trading Activity – Emerging Markets Fixed-Income
  • Use of Emerging Markets Fixed-Income Products
  • Use of G3-denominated Products
  • Use of G3-denominated Products, cont’d
  • Use of Local Currency Sovereign Products and Interest Rate Derivatives
  • Use of Local Currency Sovereign Products and Interest Rate Derivatives, cont’d
  • Use of Local Currency Sovereign Products and Interest Rate Derivatives, cont’d 2
  • Average Number of Dealers Used
  • Concentration of Business – EM Overall
  • Volume Allocation Factors
  • Use of Dealers’ Research
  • Research Allocation Factors
Methodology

Research is based on personal interviews conducted from February and April 2015 with 67 respondents. The data in this report is based upon aggregated results from individuals participating in the study.

Buy-side institutional investors were asked to provide quantitative and qualitative evaluations of the dealers they use as well as detailed information on important market trends.