We held a series of client meetings in London over the past fortnight, seeing over 20 clients, consisting of a mix of fixed income and equity investors in EM and Frontiers, Africa specialists, and special situations and distress funds. The meetings t...

Last month, we recently counted 27 countries with US$ bonds yielding more than 10% or that are in default (28 today with the addition of Turkey), a decade high and more than double the number in December 2021 (13) and three times the number in Decemb...

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/t....

It has been a difficult month for markets with global stocks and bonds plummeting in tandem – the S&P 500 is down 11.1% and the 10-year US bond yields up 38bps in the month through 17 June. However, weaker fundamentals post-Covid (with higher debt bu...

Bonds have now fallen below our target price and base case recovery value of cUS$65 calculated in December. Pakistan’s debt is projected to decline from just over 70% of GDP to less than 60% over the next five years and is projected to stabilise even...

OPEC+ increased its output on 2 June but not by an amount that makes a meaningful dent in global supply. Should China demand growth snap back, in the event that Covid restrictions subside and policy stimulus come into effect, then oil prices could go...