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    The case for the Responsible Horizons EM Debt Impact strategy

    The case for the RH EM Debt Impact strategy.

    27 August 2025 Fixed income
    Rodica_Glavan_V1.png "Emerging markets offer unparalleled opportunities to drive positive impact—spanning social inclusion, environmental sustainability, and economic development—while also striving to deliver attractive long-term returns in a rapidly expanding investment universe."

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    Rodica Glavan,
    Head of EM Corporate Fixed Income

    The emerging markets (EM) harbour abundant opportunities for creating measurable and lasting positive impact, seeking to alleviate some of the most pressing social and environmental challenges facing the world.

    The universe of impact bonds in emerging markets has continued to grow extensively in recent years, affording the ability to invest across the breadth of the UN Sustainable Development Goals.

    As the yield premium that EM corporates bonds offer over their developed market counterparts continues, the strategy may possess additional financial attractiveness to investors keen to see their capital drive for positive social and environmental change.

    Figure 1: The EM impact bond universe has grown substantially in recent years1

    The case for the RH EM Debt Impact strategy - Aug-25 - Fig 1.png

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