Emerging Markets Debt Global Diversified
Overview

Aegon AM Emerging Markets Debt Global Diversified

Objective

The strategy seeks to outperform its benchmark over a full market cycle

Benchmark

JP Morgan EMBI Global Diversified

Investment Style

• Asset type agnostic, relative-value approach

• Opportunistically allocates across countries first, and issuers and securities second

• Oscillate risk tactically according to market sentiment 

 

Universe

Investment universe includes securities of sovereign, quasi-sovereign, and corporate issuers domiciled in the emerging market countries of Asia, Latin America, Europe, Middle East, and Africa predominately denominated in USD

Inception Date

April 1, 2006

Vehicles & Minimums

Separate account minimum: $50 million
Literature
All Documents
Download
Emerging markets debt global diversified fact sheet
PDF
Emerging markets debt global diversified commentary
PDF
Performance & Characteristics
 
As of March 31, 2025. Past performance is not indicative of future results. Returns are gross and net of management fees and include the reinvestment of all income. Returns for period longer than 12 months have been annualized. Click here for a definition of the index.
 
 
 

Source: Aegon AM. Percentages based on market value as of March 31, 2025. Numbers may not add due to rounding. Click here for term definitions.

 

**Effective June 1, 2022, credit quality calculations are sourced to Aegon AM and reflect a proprietary methodology. Credit quality calculations prior to June 1, 2022, may be different. Credit ratings for the portfolio reflect the Bloomberg Indices credit quality methodology which is the middle rating of the three agencies, if only rated by two agencies it uses the lower rating and if only rated by one entity it uses that rating. Ratings are calculated by applying the methodology to available ratings from rating agencies. If the rating is NR on a structured security, the methodology will look to both DBRS and Kroll and use the lower rating; if rated by one, use that rating; else it will remain NR. Average Quality excludes cash and securities that are not rated. The credit quality of a security or group of securities does not ensure the stability or safety of the overall portfolio. NR includes securities that are not rated by S&P®, Moody’s®, or Fitch and may contain bonds, equities and/or bank loans.

 

***Yield-to-worst should not be interpreted as performance. Please see the composite trailing return data herein.

 
Portfolio managers
Carlos Gomez, CFA
Portfolio Manager

Carlos Gomez, CFA, is a portfolio manager responsible for the portfolio management of emerging market debt strategies and research coverage of emerging markets corporates in Asia.

View profile
Jeff Grills, CFA
Head of US Cross Markets and Emerging Markets Debt

Jeff Grills, CFA, is head of US cross markets and emerging markets debt responsible for the oversight of the fixed income teams for emerging markets debt, US centralized trading and quantitative solutions.

View profile
Brian Westhoff, CFA
Head of US Multi-sector & Investment Grade

Brian Westhoff, CFA, is the head of US multi-sector & investment grade. He is also responsible for the   oversight of the US client investment solutions and insurance teams.  

View profile
Important Disclosures

Offered by Aegon Asset Management US

Important Disclosures

Past performance is not indicative of future results. The net of fees performance is time weighted and includes the reinvestment of dividends, interest, and other earnings, and is calculated net of model fees and expenses. The gross of fees performance figures do not reflect the deduction of investment advisory fees (as described in the firm's ADV, Part 2), and other expenses. Cash is included in the calculation of performance. The client's return will be reduced by the management fees and any other expenses it may incur in the management of its investment advisory account. The volatility of the performance shown may be materially different from the individual performance attained by any specific investor. In addition, client holdings may differ significantly from the securities that comprise the index. It is not possible to invest directly in an index, which also does not take into account trading commissions and costs. In addition, the actual investment advisory fees incurred by the client will vary according to the asset classes in the account and the size of the account.  An individual client's actual returns may differ from the results shown for reasons such as the timing of investments and withdrawals. 

 

Investing in foreign-denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, economic and political risks, which may be enhanced in emerging markets.

 

The US dollar is the currency used to express performance.

 

Aegon AM US claims compliance with the Global Investment Performance Standards (GIPS®). Please contact Aegon AM US at 877-234-6862 to obtain a GIPS Composite Report for the strategy presented in this advertisement.

 

GIPS® is a registered trademark owned by CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.