Double the Return with Lower Volatility
From Global Macro Update by Mauldin Economics
March 6, 2026 · 44 min
About this episode
Eric Fine discusses the advantages of emerging markets bonds and the impact of geopolitical tensions on investments.
Eric Fine, an emerging markets bond portfolio manager at VanEck, discusses how EM bonds currently yield roughly double what you get in developed markets at lower volatility. And yet, almost nobody owns them. He also unpacks how Middle East tensions are creating winners among oil exporters, why the dollar will slowly share its reserve status, and what 13 years of outperformance says about where fixed income is heading.
People in this episode
Guest: Eric Fine
Topics covered
- emerging markets
- bonds
- volatility
- oil exporters
- fixed income
- dollar reserve status
Keywords
- emerging markets
- bonds
- volatility
- oil exporters
- dollar
- fixed income
- investment strategy
Mentioned in this episode
Organizations: VanEck
Places: Middle East, dollar
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- Bonds Don't Lie · February 27, 2026 · 29 min
- Why Everyone Was Wrong About the Global Oil Glut · February 20, 2026 · 38 min
- Emerging Markets Are En Vogue · February 13, 2026 · 43 min
- The GeoMacro Era Is Here · February 6, 2026 · 28 min
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