21 Years at AB|22 Years of Experience
Christian DiClementi is a Senior Vice President and Lead Emerging Market Debt Portfolio Manager at AB. He is also a member of the Global Fixed Income, Absolute Return and Income portfolio-management teams, and oversees emerging-market investments across AB’s suite of fixed-income products. DiClementi joined the firm in 2003. Prior to becoming a member of the Emerging Market Debt portfolio-management team in 2013, he served as a member of AB’s Economic Research Group, focusing mainly on sovereign fundamental research for the Caribbean, Central American and Latin American regions. Previously, DiClementi worked as an analyst in the firm’s Quantitative Research Group, with an emphasis on global sovereign return and risk modeling, and as an associate portfolio manager responsible for municipal bond portfolios. He holds a BS in mathematics (summa cum laude) from Fairfield University. Location: New York
We expect a favorable environment for emerging-market bonds in 2024, provided investors stay selective.
Christian DiClementi, Adriaan duToit, Elizabeth Bakarich | 18 January 2024Just six metrics can effectively assess sovereign issuers’ sustainability and provide guidance for both issuers and investors.
Christian DiClementi, Elizabeth Bakarich, Patrick O'Connell | 09 November 2023Emerging-market bonds are showing renewed potential as rate-hike cycles mature and economies regain their footing. But credit selection will be
Christian DiClementi, Tom Nicol | 23 June 2023Based on The Economist magazine's data comparing hamburger prices across countries, many EM currencies look cheap today-as they did 20 years ago before an extended rally of EM stocks and bonds.
Sammy Suzuki, Christian DiClementi | 08 March 20232022 was a weak year for emerging-market debt, but with China pulling back on zero-COVID policies and inflation showing signs of easing, credit markets could stabilize in 2023. Given the prospect of slowing global growth, credit selection will be key.
Christian DiClementi, Adriaan duToit | 12 January 2023Robust ESG research can alert investors to major risks, sometimes months or years before bad news hits the market.
Christian DiClementi, Patrick O'Connell | 10 March 2022ESG research insights are critical to avoiding risks and unearthing opportunities among emerging-market corporate bonds. Chile's utility sector helps us explain.
Patrick O'Connell, Christian DiClementi | 03 March 2022Emerging-market debt faces both obstacles and opportunities in 2022. Investors should proceed with care.
Adriaan duToit, Christian DiClementi | 06 January 2022We debunk the environmental, social and governance myths standing between investors and EM corporate-bond investing.
Patrick O'Connell, Christian DiClementi | 30 November 2021There's no sugarcoating it: 2018 was hard on emerging markets. But as Nietzsche (and Kelly Clarkson) said, what doesn't kill you can make you stronger. And as 2019 begins, we see many pockets of strength—and opportunity.
Christian DiClementi | 02 January 2019The Turkish lira has dropped 38% as of August 28, putting pressure on inflation as well as the country's debt-heavy corporations and banks. Investor jitters have spread over the past week to some other emerging markets and European banks with Turkish exposure, but we don't expect contagion to expand much further from here.
Christian DiClementi | 30 August 2018Summer is just beginning, but emerging-market (EM) bonds and currencies have been on a roller-coaster ride for months now. In markets, though, volatility breeds opportunity-and we still see plenty of that among EM issuers.
Christian DiClementi | 03 July 2018Following a strong 2017, emerging-market debt (EMD) held its own in January despite a sharp rise in US interest rates. That's no accident. Economic fundamentals have improved dramatically, leaving EMD well positioned to withstand future turbulence.
Christian DiClementi | 27 February 2018Afraid you've missed the rally in emerging-market (EM) assets? Don't be. Responsible policies and pragmatic politics have taken hold in many developing countries. That bodes well for growth and suggests the rally has room to run.
Christian DiClementi | 10 September 2017For investors in search of a way to boost income and diversify their bond portfolios, now may be the time to consider what local-currency emerging-market bonds offer.
Christian DiClementi | 18 July 2017With inflationary pressures under control and external balances improving, many emerging-market (EM) countries are working on the next item on their to-do lists: reining in fiscal deficits. That's good news for emerging equities, dollar-denominated bonds and local-currency debt.
Christian DiClementi | 18 April 2017Higher interest rates, a stronger dollar and Donald Trump: three reasons to avoid emerging-market (EM) debt? Not necessarily. Rising rates seem to be signaling faster growth, and that's good news for many EM bonds and currencies.
Christian DiClementi | 17 January 2017Still think emerging markets are too risky? Think again. Smarter policies are leading to less vulnerable economies and rising currencies. For investors who need to wring more income from their bond portfolios, it's time for a fresh look.
Christian DiClementi | 26 October 2016This is a marketing communication. This information is provided by AllianceBernstein (Luxembourg) S.à r.l. Société à responsabilité limitée, R.C.S. Luxembourg B 34 305, 2-4, rue Eugène Ruppert, L-2453 Luxembourg. Authorised in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF). It is provided for informational purposes only and does not constitute investment advice or an invitation to purchase any security or other investment. The views and opinions expressed are based on our internal forecasts and should not be relied upon as an indication of future market performance. The value of investments in any of the Funds can go down as well as up and investors may not get back the full amount invested. Past performance does not guarantee future results.
This information is directed at Professional Clients only and is not intended for public use.