Emerging market local currency debt offers investors access to local markets, but with several crucial differences to hard currency debt – local currency debt is less volatile and can provide investors with the upside from real currency appreciation, write Rob Drijkoningen, Martijn Oosterwoud, Bart van der Made

Once the preserve of the wealthy investor, hedge funds have come a long way since they began as unregulated offshore funds. Now retail investors can access the real returns available from these investments explains David Stuff, head of UK retail structured products at Barclays Capital