Enthusiasm for emerging market debt has not waned despite the US Federal Reserve raising rates and turbulence elsewhere in the market.
The asset class took in $3.43 billion over the course of February 2018 from yield-hungry investors.
Investors are eyeing the sector as inflation rates in countries like Brazil continue to fall. The fact the US dollar has not strengthened off the back of Fed hikes also helps.
We delved into our data to find the top performing EMD local currency managers out of the 125 bond managers that Citywire tracks in this sector.
Over the past three years the average manager has returned 10.36% and has an average sector experience of 5.8 years.
Renowned EMD star Michael Hasenstab from Franklin Templeton makes the top five but his smaller rivals have led the way.
Click through to see the best performing portfolio managers.