Ben Ramsey

Finnish-born Anezka Christovova and Ben Ramsey, both from JP Morgan’s emerging market strategy team, dive into the shifting landscape of emerging markets post-summer. They discuss the impact of U.S. labor market data on growth expectations and investment strategies. Key insights include Bolivia’s political optimism, Venezuela’s uncertainties amid IMF talks, and Argentina’s challenges ahead of elections. The duo also analyzes sovereign credit spreads and the potential recovery in fund flows across Asia, EMEA, and LATAM, emphasizing how political developments shape market fundamentals.

Anezka Christovova, an expert on emerging markets at J.P. Morgan, and Ben Ramsey, the head of EM Sovereign Strategy, share insights on the latest developments in EM fixed income. They delve into whether current data supports a growth pivot and explore how EM central banks might respond to changing inflation and growth trends. The duo discusses potential catalysts for an EMFX rally versus the dollar and examines investment strategies amidst tight credit spreads. They also analyze the implications of Argentina's election results on market dynamics.

Gisela Brant, a LatAm rates strategist, and Ben Ramsey, Head of EM Sovereign Credit Strategy, dive into the impact of upcoming elections on the region's fixed income markets. Gisela discusses the current vulnerability of local rates, emphasizing improved macro fundamentals and attractive valuations. She also evaluates specific risks in Chile, Peru, and Colombia. Meanwhile, Ben highlights how the outcomes of Ecuador's referendum and elections in Colombia and Brazil could shape sovereign credit spreads and fiscal credibility.

Join Ben Ramsey, Head of EM sovereign credit strategy at J.P. Morgan, and Anezka Christovova, Head of EM and LATAM local market strategy, as they dive into the dynamic world of emerging market fixed income. They explore how equity–FX correlations signal shifts in global markets and discuss the persistence of low volatility in EM rates. Ben highlights the record issuance in EM sovereigns, while Anezka explains the influences behind recent EMFX movements amidst tech stock fluctuations. Their insights illuminate the nuanced drivers shaping today’s investment landscape.

In this discussion, Ben Ramsey, Head of EM Sovereign Credit Strategy at J.P. Morgan, joins fellow experts to dissect emerging market repayment risks. They highlight 18 sovereigns at risk, examining familiar trouble spots like Argentina, with its election-related uncertainties and Bolivia facing liquidity issues. The conversation shifts to Asian and African nations, including Sri Lanka's recovery post-restructuring and the repayment concerns in the Maldives. While many countries show resilience, the team emphasizes the need for caution and vigilance among investors.