Rollercoaster rides come round and round again for investors in emerging markets, and the past year has been no exception. Argentina has been the main bête noir, finally defaulting on its $32 billion worth of debts shortly before Christmas.
Jonathan Bayliss, JPMorgan’s head of European emerging markets fixed-income research and top-ranked EM analyst in Credit’s 2002 research survey, says: “In many senses the Argentina default is now behind us. There are a lot of new inflows coming int
The week on Risk.net, July 7-13, 2018Receive this by email