Emerging Market Corporates

Steve Drew (Janus Henderson Investors): “Argentina is Going to Be One of the Best Bond Markets in the Next Six Months”

Date:

Steve Drew (Janus Henderson Investors): “Argentina is Going to Be One of the Best Bond Markets in the Next Six Months”

Author: Meritxell Sedo

  1. “Emerging Market Corporate bonds, as an asset class, has lower leverage, less or similar volatility, lower duration and is actually cheaper than other developed markets”
  2. “In Emerging Markets, is very important to quantify how the macro, the geopolitical and foreign exchange risks are going to affect the country you are investing in”
  3. “Some of the quality companies that we have invested in Argentina are trading at 15% to 16% discount, if they were in any other country or in any other jurisdiction in the world, they would be trading at half that spread”