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Elina Theodorakopoulou
Managing Director and emerging-market portfolio manager at Manulife Investment Management, specializing in EM sovereign and corporate debt with expertise in macro, fiscal and credit dynamics.
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Dec 12, 2025
• 26min
EM Lens: Event Risk Set to Rise Yet EM Should Still Outperform
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Elina Theodorakopoulou, a Managing Director and EM portfolio manager at Manulife Investment Management, discusses emerging markets' fixed income landscape. She highlights the impact of upcoming elections in various countries and the factors driving year-to-date performance including carry and resilient fundamentals. Theodorakopoulou also examines the state of central bank policies, the appeal of frontier markets, and the resurgence of local currency demand. Finally, she addresses medium-term concerns like inflation, geopolitical tensions, and upcoming U.S. midterms.
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