iShares® MSCI Emerging Markets ETF. EEM. 20%. 30%. iShares® JP Morgan USD Emerging Markets Bond ETF. EMB. 10%. Real Assets. iShares® US Real Estate ETF.HSBC (2009): HSBC's emerging markets currency guide 2010, December. International Monetary Fund (2010): Review of the method of valuation of the. SG 2015 EM Currency & Interest Rates Guide. SOCIETE GENERalE CEE STRENGTHS a SOlID CEE lOCal FOOTPRINT. • leading Providers of Emerging Market Products in HSBC Emerging Markets Currency Guide 2017 Emerging markets keyfocus investment,new product development currencyregulations. portfolio of emerging market bonds (denominated in local currencies), while promoting ESG characteristics. •. The Fund promotes ESG characteristics within Emerging Markets Investment Guide. HSBC Global Asset Management. After a year of ups and downs in 2016, the global economy in 2017 has proved positive. The sub-fund invests for long term total return in a portfolio of Emerging Market local currency bonds, foreign exchange forwards and other similar securities,