April 2021 / INVESTMENT INSIGHTS
History, stability, cognitive diversity
In brief: three things that differentiate the Emerging Markets Corporate Bond Strategy
T. Rowe Price has three competitive advantages in emerging markets. Our history, organizational stability and most importantly, our cognitive diversity.
- With respect to our history, we have been investing in emerging markets for almost 40 years, dating back to the 1980s.
- With respect to organizational stability, we have been able to develop and retain talent within the organization. We house the lessons that we've learned from those four decades of experience.
- Lastly, with respect to cognitive diversity, we have associates with 23 different nationalities; my team has more women than men, which is rare in the industry, but what's more important is not the objective diversity, but the cognitive diversity which those associates brings together. This is not an industry that's just about finance, we are solving for complex challenges of society, business, politics and culture, and it takes a very cognitively diverse team to accomplish that consistently.
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April 2021 / MARKETS & ECONOMY
Samy Muaddi is the head of Emerging Markets in the Fixed Income Division. He is the portfolio manager of the Emerging Markets Bond Strategy and co-manages the Emerging Markets Corporate Bond and Global High Income Bond Strategies. He is a member of the Investment Advisory Committees of the International Funds, Inc., Global Funds, Inc., Short-Term Bond Fund, Corporate Income Fund, Global Multi-Sector Bond Fund, and New Income Fund. He is a member of the Fixed Income Steering Committee and previously managed the firm’s Asia Credit Bond Strategy from its inception until 2020. Samy also is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price International Ltd.
