In a recent publication dated July 11, 2025, the Emerging Markets Debt Team provides an in-depth review of fundamentals and valuations across emerging markets debt. The report reflects the views and opinions of the author as of the date of publication. These views are subject to change due to market or economic conditions and may not necessarily come to pass.
The team emphasizes that these opinions do not reflect those of all investment personnel at Morgan Stanley Investment Management (MSIM) and its subsidiaries and affiliates, collectively referred to as "the Firm." Additionally, they may not be reflected in all strategies and products offered by the Firm.
The material is presented as a general communication for informational and educational purposes only. It does not serve as a recommendation for purchasing or selling specific securities or adopting any particular investment strategy. The information provided does not address financial objectives, situations, or specific needs of individual investors.
The document includes charts and graphs for illustrative purposes only. Any quoted performance represents past performance, which does not guarantee future results. All investments involve risks, including potential loss of principal.
For complete content and important disclosures, readers are directed to refer to the disclosures at the back of the material.