TUESDAY, MARCH 10TH, 2020: DAY ONE – ANTICIPATING AND MANAGING RISK
Tuesday, March 10th, 2020
Local currency is the fastest-growing asset class, with money going into local funds quadrupling in the last 5 years. But volatility in many local currencies can raise doubt about returns over 10 years. What’s the best advice that managers can give about their blending strategies? Who decides how it is blended, and how flexible is that decision?
•Use flexibility on currency to make better credit
•Devote the time, resources, and partnerships necessary to guide a 50/50 currency ratio
•Show how to hedge currency risk – and how much yield you would give up in the process
•Judge how weighted and dynamic strategies are
•Outline the process of moving local currency to new milestone levels
WEDNESDAY, MARCH 11TH, 2020: DAY TWO – EMERGING MARKET SELECTION AND OUTLOOK
Wednesday, March 11th, 2020
From Russian sanctions to Middle Eastern unrest to the weakening of democracy in Turkey and Venezuela, and the rise of nationalist strongman leaders worldwide, political risks will always have an impact on your regional FI portfolio. If you know the strategic political objectives of EM governments, you should be able to purchase securities that match those. In that case, the government is more likely to support those companies so it has the werewithal to repay its needs.
•Determine whether you are willing to take on sovereign risk
•Recap the most concerning geopolitical challenges in EM regions
•Recognize trends in liquidity driven by external politics
•Mitigate exposure to troubled regions