Frontier markets are still a buy

The gradual return to pre-pandemic levels has marked a pause, but we think there is still value in high-yield sovereign bonds. We examine a set of frontier markets which are particularly attractive, including Egypt, Sri Lanka, and Argentina. In Africa, the post-Covid environment has intensified the pressure on public finances; we focus our attention on Ghana and Angola, both countries are facing a defining moment for their economic policies.

We will be repeating the same webinar to cater for the difference in time zones between APAC, EMEA and the Americas:

  • APAC – Tuesday 24th August | 10:00 HKT
  • EMEA – Tuesday 24th August | 10:00 BST
  • Americas – Tuesday 24th August | 16:00 EDT

Regis Chatellier

Director of EM Strategy

Regis Chatellier

Director of EM Strategy

Regis Chatellier | Director of EM Strategy

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.

 

Irmgard Erasmus

Senior Financial Economist

Irmgard Erasmus

Senior Financial Economist

Irmgard Erasmus | Senior Financial Economist

Irmgard is a senior financial economist at NKC African Economics, having joined the company as a macroeconomist and fixed income analyst from JP Morgan in 2013. Irmgard holds a postgraduate degree in financial economics from the University of Stellenbosch.

Gabriel Sterne

Head of Global Strategy Services and EM Macro Research

Gabriel Sterne

Head of Global Strategy Services and EM Macro Research

Gabriel Sterne | Head of Global Strategy Services and EM Macro Research

Gabriel delivers macro-economic products tailored for the financial markets, as Head of a team that integrates global strategy and EM macro views. Recently he has published most on populism, demographics and other drivers of low global yields, and the evolution of global fragilities as expansions mature. On the EM side he is a global expert on sovereign crisis and debt restructuring issues.

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