PIMCO's Capabilities in Emerging Markets Leverage our built-to-scale, tested process for informational, analytical and behavioral advantages. Extensive Resources Gain insight from our ability to cover this resource-intensive asset class with a global team, 24-hour coverage and strong issuer relationships. Macroeconomic Insights Wield top-down expertise from our investment committee, global advisory board and regional portfolio committees to guide the EM investment narrative in a global context. Rigorous Risk Management Aim to identify extreme events and calibrate sensitivities with our quantitative analytical models and diversification across the opportunity set. Specialized Knowledge Focus on proprietary relationships and bespoke transactions to access opportunities and information. Active Management in Emerging Markets Three types of active positioning may help reduce traditional EM risk while maximizing potential return. Active positioning for EM portfolios OPPORTUNISTIC ALPHA Seek potential returns from rare idiosyncrasies. THEMATIC TILTS Traditional over- and under-weights by country, sector and risk factor. BETA ENHANCEMENTS Seek to eliminate typical EM index inefficiencies.