TUESDAY, MARCH 10TH, 2020: DAY ONE – ANTICIPATING AND MANAGING RISK
Tuesday, March 10th, 2020
Is ESG a product, a process, or a marketing gimmick? Wealth managers and family offices are increasingly prioritizing it, and it is expected by a rising generation of Millennials – but it is viewed very differently within EMs themselves, which want to use their resources for growth. Any future ESG outreach must emphasize community engagement and avoid a patronizing approach.
•Recognize when CEOs in Asia and elsewhere see ESG as unimportant
•Weigh different philosophies for ESG – whether rewarding the best or improving the worst
•Grapple over whether green bonds are a form of risk management and less volatile than others
•Confront the vulnerability of EM economies to climate change
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