Episode 167: Emerging Markets Investing for Insurers with Pramol Dhawan, Head of Emerging Markets Portfolio Management at PIMCO

In this episode of the InsuranceAUM.com podcast, Stewart Foley speaks with Pramol Dhawan, Managing Director and Head of the EM Portfolio Management Team at PIMCO, about the opportunities and considerations for insurance companies investing in emerging markets. Pramol breaks down the key reasons why EM offers compelling value to insurance portfolios, including diversification, yield enhancement, and access to high-quality, long-duration assets. He highlights the evolving definition of EM, debunks outdated perceptions, and offers insights into how geopolitical and political risks are priced and managed.

The conversation dives into technicals, fundamentals, and how PIMCO’s approach to managing insurance assets in emerging markets focuses on avoiding capital impairment while maximizing risk-adjusted returns. Pramol also touches on alternative sources of EM yield, including private market opportunities. For insurance investment professionals exploring EM allocations, this episode offers a comprehensive look at how to approach these markets effectively.