Aberdeen Frontier Markets Bond Fund

Frontier bonds provide access to markets with unique return characteristics and the potential for income and diversification. As an under‑researched corner of global fixed income, they may offer compelling yields and distinct return drivers.

Why frontier bonds?

Differentiated income potential

High‑yield frontier bonds have historically delivered higher income and low correlation to US Treasuries, helping investors strengthen diversification across credit portfolios.

Research led opportunities

Frontier markets behave differently. Returns are driven by country‑specific fundamentals, where rigorous legal, macroeconomic and credit work can identify mispriced risk and unlock compelling opportunities for long-term investors.

Improving economic fundamentals

Growth in frontier economies is improving, supported by alignment with key global structural trends. However, challenges around liquidity, governance, and currency risk mean the sector is best approached through active management.

Kevin Daly,

Investment Director, Emerging Market Debt

“Frontier markets have grown significantly over the past decade but, despite strong returns, this remains an uncrowded part of the emerging market debt space. We are one of the few managers with an established presence and track record of delivering for our clients in this area.”

Kevin Daly,

Investment Director, Emerging Market Debt

Why Aberdeen for frontier bonds?

Specialist experience that counts

With more than a decade of dedicated frontier bond expertise – and a heritage anchored in emerging and frontier markets – we deliver the insight, conviction and resilience needed to operate where information is scarce.

On-the-ground research where it matters

Our 40 strong Emerging market debt team integrate deep country research, ESG analysis, scenario‑based valuation and disciplined position sizing to uncover value and navigate frontier markets risk.

Fully embedded risk management

We apply robust controls across credit, liquidity, currency and political risk – aiming to deliver resilient income and long-term return potential through changing market conditions. 