FIA Emerging Markets Local Currency Debt

The Emerging Markets Local Currency Debt strategy is managed by First International Advisors, LLC (FIA). FIA believes that value-driven approaches are the prime source of attractive, risk-adjusted returns. Great investing, however, also requires placing as much effort on portfolio construction as on value identification; managing risk for multiple risk environments; and balancing repeatable, quantitative approaches with investor judgment.

The Emerging Markets Local Currency Debt strategy aims to capitalize on the increased opportunity from this asset class, seeking to exceed the return of the J.P. Morgan GBI Emerging Markets Global Diversified Composite Index. FIA invests in all types of emerging markets debt in order to add value but concentrates on higher-quality local currency sovereign debt that offers strong fundamentals and compelling valuation arguments. The investment team uses proprietary investment technology, experienced investment professionals, and active management within a structured process. The investment team actively manages currency as a separate asset class to mitigate risk and enhance returns.

Strategy details


Wells Fargo Asset Management (WFAM) is a trade name used by the asset management businesses of Wells Fargo & Company. WFAM includes but is not limited to Analytic Investors, LLC; ECM Asset Management Ltd.; First International Advisors, LLC; Galliard Capital Management, Inc.; Golden Capital Management, LLC; The Rock Creek Group, LP; Wells Capital Management Inc.; Wells Fargo Asset Management Luxembourg S.A.; Wells Fargo Funds Distributor, LLC; and Wells Fargo Funds Management, LLC.

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