We're using cookies, but you can turn them off in your browser settings. Otherwise, you are agreeing to our use of cookies. Learn more in our Privacy Policy

Bridge over ocean
1 September 2012 Financial Analysts Journal Volume 68, Issue 5

Emerging Market Inflation-Linked Bonds

  1. Laurens Swinkels

Investigating the value added by inflation-linked bonds in investment portfolios in emerging markets, the author found that the inclusion of inflation-linked bonds improved the risk–return characteristics of investment portfolios in many of the emerging markets. He also found that inflation-linked bond returns correlate more positively with realized inflation than do nominal bonds, even in the short run. Thus, investors should consider adding emerging market inflation-linked bonds to their investment portfolios.

Read the Complete Article in Financial Analysts Journal Financial Analysts Journal CFA Institute Member Content