We recently stumbled upon another gem from BondBloxx, one of our favorite asset managers in the fixed income space. What they do very well is offer targeted fund solutions for niche markets. EM debt is not necessarilyWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a ...

In the market, leadership can fluctuate from year-to-year. However, it's possible for winning segments to repeat the feat for two (or more) consecutive years. Some experts believe the scenario outlined above could play out next with emerging markets debt, indicating the Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) is a bond ETF to keep an eye on in 2026. Indeed, the actively managed NEMD turned in an impressive 2025 showing. As of Dec. 8, the ETF is higher by 16.36% year-to-date. Addition ...

Core Insights - President Trump's economic policy during his second term was expected to prioritize "America first," yet international markets, particularly emerging markets, have outperformed domestic financial markets [1] Emerging Markets Performance - Investors in emerging markets have achieved significantly higher returns compared to developed markets this year, with emerging-market government bonds gaining 15% and equities rising over 25% through September 30, based on indices like the JPMorgan Emerging-Market Bond Index and the MSCI Emerging Markets equity index [3] - The Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) has returned nearly 4% in a few months, indicating its potential as a noteworthy investment option [2] Drivers of Emerging Markets Debt - A primary driver for the upside in emerging markets debt, including bonds in NEMD, has been the weakness of the dollar, with 10 of the 14 major emerging market currencies outperforming the dollar by the end of Q3 [4] - Many emerging currencies have appreciated this year, often by double-digit percentages, leading to reduced local inflation pressures and allowing central banks to ease monetary policy [5] Federal Reserve Influence - The dollar's decline has been partly due to expectations of Federal Reserve easing, which has positively impacted NEMD [6] - Lower policy interest rates have increased demand for emerging-market bonds, as investors seek to benefit from rising bond prices, while central bank easing has raised expectations for stronger local corporate earnings, boosting equities [7]

Core Insights - Emerging markets debt is highly suitable for active management due to its responsiveness to various scenarios such as geopolitical events, credit defaults, interest rate fluctuations, and currency volatility [1][2]. Group 1: Active Management Benefits - The Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) is an actively managed fund that can navigate the complexities of the emerging markets bond market, which is often challenging for passive funds [2][3]. - NEMD's active management allows it to avoid including potentially risky issuers in its portfolio, unlike passive funds that may be exposed to dubious entities [3]. Group 2: Economic Resilience - Not all emerging economies are equally resilient; some, like Argentina, have histories of default, while others maintain stronger fiscal positions [3][5]. - Countries with deeper local investor bases have shown greater resilience to global economic shocks over the past 15 years, although an overreliance on a narrow group of domestic investors can pose risks [6]. Group 3: Market Dynamics - Active strategies like NEMD can identify which emerging markets are better positioned to absorb new issuances, benefiting investors by aligning with more stable markets [5]. - The International Monetary Fund (IMF) notes that large developing economies have expanded borrowing through local issuance, while others rely on shorter maturity financing and foreign currency debt [4].

Group 1 - The total ETF flows have exceeded $855 billion year to date, indicating strong investor interest in exchange-traded funds [1] - The Vanguard Growth Index Fund ETF, which focuses on large-cap stocks, experienced the highest inflows this week, followed by the Vanguard Small Cap Fund and the Vanguard Small Cap Value ETF [1] - Small-cap stocks reached a new all-time high, reflecting significant investment in Vanguard products [2] Group 2 - There is substantial capacity for investors to reinvest in the emerging markets debt (EMD) space, which has been underowned for several years [3] - Emerging markets are expected to grow at stronger rates with better fundamental and fiscal dynamics, making them an attractive investment opportunity [3] - The NEMD emerging markets debt hard currency ETF, launched in August, has underperformed compared to the broader market since its inception [3]

We're tracking ETF flows that are now over $855 billion year to date. We're also tracking the moves above and below the 30-day moving averages for the popular index funds, the SPY and the triple Q's buying, we're going to show you in a second, surged at the end of the week. This week, the Vanguard Growth Index Fund ETF ticker Bug that focuses on large cap stocks, saw the top inflows, followed by the Vanguard Small Cap Fund, ticker VB, and the the VBR, Vanguard Small Cap Value ETF.Of course, small caps hit a ...