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Frontier market outlook: some attractive valuation gaps

After a difficult 2022, this year looks quite promising for some EM high yielders given attractive valuations and positive momentum. Those covered include Angola, Nigeria, Egypt, Armenia, Georgia, El Salvador, and Sri Lanka

Gabriel Sterne

Head of Strategy Service & Global EM Research

Private: Gabriel Sterne

Head of Strategy Service & Global EM Research

London, United Kingdom

Regis Chatellier

Director of EM Strategy

+44 (0) 203 910 8040

Private: Regis Chatellier

Director of EM Strategy

London, United Kingdom

Regis is a senior strategist in charge of global emerging markets. He covers the sovereign hard currency debt, FX and local rates markets, combining top-down macro research with bottom-up/quant modelling approaches. Prior to joining Oxford Economics, Regis worked for more than 20 years in investment banks. He did his studies at Sciences Po. Paris (Economics & Finance) and he holds a Master’s degree in Economics from the University of Nantes.

Tatiana Orlova
Tatiana Orlova

Lead Economist, Emerging Markets

+44 (0) 20 3910 8048

Tatiana Orlova

Tatiana Orlova

Lead Economist, Emerging Markets

London, United Kingdom

Tatiana joined OE in May 2021. From 2017 to 2021, she ran her own macroeconomic research boutique, Emerginomics, as the Founder and Chief Economist, specializing in coverage of selected ex-USSR economies.

From 2012 to 2016, she worked as Director in CEEMEA Research at the Royal Bank of Scotland. Previously, she was employed as an emerging market economist in three other major investment banks (Credit Suisse, ING, and Nomura).

Tatiana holds an MSc in Economics from the LSE (2001) and Diploma in Economics with Distinction from the LSE (2000). From 1988 to 1994, she studied Applied Mathematics at the Moscow University of Electronics and Mathematics.

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