EMTA

Expectations for returns, ratings trajectories, attracting new capital inflows, and the China effect were among the topics covered at EMTA’s EM Corporate Bond Forum held on October 30, 2024 in New York City.  The panel also addressed the prospects for Mexican corporates under Sheinbaum, how investors looked at strong corporates in weaker sovereign jurisdictions, and much more. Anne Milne (BofA Securities) moderated the session which featured Celina Apostolo Merrill (BlackRock), Martha Rocha (Fitch Ratings), Natalia Corfield (JPMorgan) and Aayush Sonthalia (PGIM) for a great session. Thanks to host Frank Laurents and Fitch Ratings, and to Bank of America and J.P. Morgan for their additional support.

The enthusiasm for South Africa’s prospects under the new government of national unity and the mid-term budget will be among the topics reviewed at EMTA’s Forum in Johannesburg, set for Tuesday, November 12, 2024.  Elna Moolman (Standard Bank) will lead a panel of experts including Ian Scott (Momentum Investors), Isaah Mhlanga (Rand Merchant Bank) and James Turp (Sanlam Investments).  Thanks to Standard Bank Group Bank for hosting us, with additional support from RMB - Rand Merchant Bank. Register at www.emta.org.  #emergingmarkets

EMTA’s Corporate Bond Forum in New York will take place on Wednesday, October 30, 2024.  Anne Milne (BofA Securities) will moderate the discussion on the outlook for EM corporate bonds, featuring Celina Apostolo Merrill (BlackRock), Martha Rocha (Fitch Ratings), Natalia Corfield (JPMorgan) and Aayush Sonthalia (PGIM). EMTA Members can register at www.emta.org Thanks to Frank Laurents and Fitch Ratings for hosting us; we look forward to the stunning view of Central Park at sunset!  Also thanks to Bank of America and JPMorganChase for their additional support. #emergingmarkets

The likelihood of a new IMF accord, FX policy, the 2025 midterms, potential FDI, and whether spread compression could continue were among the topics debated at EMTA’s Forum on Argentina, held on October 16, 2024 in New York City.  Walter Stoeppelwerth (PPI) led the discussion which featured Ramiro Blazquez Giomi (BancTrust), Pablo Goldberg (BlackRock), Janet He (JPMorgan Asset Management) and S Waever (Morgan Stanley). Thanks to our sponsors Paula Premrou and Federico Santander at PPI, as well as BancTrust & Co. and Morgan Stanley for their additional support. #emergingmarkets

EMTA always appreciates the support of our Board and their valuable insight as we carry out our mission.  Great to catch up with our Board Director Omar Takriti (HSBC) in Hong Kong, and big thanks for your support of our Hong Kong and Singapore events. With EMTA's Jonathan Murno and Aviva Werner.

Kaushik Rudra (Standard Chartered) moderated the second panel at EMTA's 19th Annual Forum in Singapore on October 10, 2024, joined by Abhay Gupta (BofA Securities), Sameer Goel (Deutsche Bank), Pin Ru Tan (HSBC) and Feng Zhi Wei (Loomis Sayles). The panel reviewed the recent Chinese stimulus measures, US growth prospects, and the upcoming US elections, and how these factors would affect the Asian debt markets. Thanks to host ING, with additional support from Bank of America, Deutsche Bank, Eurasia Group, HSBC, and Standard Chartered. #emergingmarkets

Rob Carnell (ING) moderated the first panel at EMTA's 19th Annual Forum in Singapore on October 10, 2024, joined by speakers Adam McCabe (Abrdn), Celeste Tay (BlackRock), Peter Mumford OBE (Eurasia Group) and Prashant Singh (Neuberger Berman). The panel addressed the effects of rate cuts, the US elections and Chinese growth on South and Southeast Asia, geopolitical issues, the ramifications of India's elections, market enthusiasm on Malaysia and much more. Thanks to Obbe Kok and our long-term sponsor ING, along with Bank of America, Eurasia Group, Deutsche Bank, HSBC and Standard Chartered. #emergingmarkets

EMTA’s 19th Annual Forum in Hong Kong on October 8, 2024 focused largely on China’s recent stimulus announcements, the impact of potential trade restrictions, the prospects for India and Indonesia, and opportunities in the Asian markets.  Joyce Zhujun Bing, CFA (abrdn) led the discussion, which featured Vikash Agarwalla, CFA (BofA Securities), Jing Liu (HSBC), Stephen Chang (PIMCO) and Louis Kuijs (S&P Global Ratings).  Thanks to host LSEG (London Stock Exchange Group) for their hospitality, and to our sponsors Bank of America, HSBC, ISI Markets and S&P Global. #emergingmarkets

Can President Milei maintain popular support to push through his reform agenda?  What is the likelihood of a new IMF agreement, and what are the main sticking points?  What effect will the tax amnesty have on the economy?  Will Argentina float the peso? How and when?  Can Argentina attract FDI into its lithium and copper industries?  What are speaker thoughts on the 2025 mid-term elections?  These and other topics will be discussed at EMTA’s Forum on Argentina on October 16, 2024 in NYC.  Walter Stoeppelwerth (PPI) will lead a panel featuring Ramiro Blazquez Giomi (BancTrust), Pablo Goldberg (BlackRock), Janet He (JPMorgan Asset Management) and S Waever (Morgan Stanley).  PPI is the lead sponsor of the event, with additional support from BancTrust & Co. and Morgan Stanley.  #emergingmarkets

Does the Fed’s rate cut open the floodgates for South and Southeast Asian central banks?  What do the US elections mean for US-China and US-Asia relations? Are the recent Chinese stimulus measures sufficient?  What risks should investors monitor for Asian markets over the coming months?  These and other topics will be debated at EMTA’s Forum in Singapore on October 10, 2024.  Rob Carnell (ING Bank) and Kaushik Rudra (Standard Chartered) will moderate panels featuring Adam McCabe (abrdn), Celeste Tay (BlackRock), Abhay Gupta (BofA Securities), Sameer Goel (Deutsche Bank), Peter Mumford OBE (Eurasia Group), Pin Ru Tan (HSBC), Feng Zhi Wei (Loomis, Sayles) and Prashant Singh (Neuberger Berman).  Limited seats remain at www.emta.org.  Thanks to our host ING and to Bank of America, Deutsche Bank, Eurasia Group, HSBC and Standard Chartered for their additional support. #emergingmarkets