The Best Performing Emerging Bond Markets of 2012

Emerging market bonds were the best performing fixed-income asset class of 2012, gaining 16.52% based on the return of the largest exchange-traded fund in this market segment, the iShares JPMorgan USD Emerging Markets Bond Fund (ticker: EMB). But which markets delivered the best and worst performance?  The results are below, using the countries represented in the J.P. Morgan Emerging Markets Bond Index-Plus, with data through December 27:

• Venezuela, 45.29%
• Ukraine, 25.40%
• Turkey, 23.40%
• Russia, 17.10%
• Peru, 16.99%
• Philippines, 15.92%
• Indonesia, 12.74%
• Panama, 12.37%
• Brazil, 12.46%
• Colombia, 12.19%
• South Africa, 11.42%
• Mexico, 10.20%
• Ecuador, 9.31%
• Bulgaria, 9.18%
• Bulgaria, 9.18%
• Argentina, 6.52%

Learn more:

2013 Outlook: Emerging Market Bonds