Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

Gautam Jain has over 25 years of experience covering global emerging fixed income and currency markets, both as a strategist and a portfolio manager. He has worked in buy-side and sell-side firms, including The Rohatyn Group (TRG Management), Barclays Capital, and Millennium Partners. He has helped manage emerging markets local-currency and hard-currency debt funds. The assets that he covers include currencies, interest rates, sovereign credits, and related derivatives. He specializes in portfolio construction, smart-beta index creation, and asset allocation. Mr. Jain holds a Ph.D. in Operations Research from Columbia University and is a CFA charter holder.

FX Dashboard: Winners and Losers in the EM Turnaround

FX Dashboard: EM FX Is Fair in REER Terms but Differentiation Abounds

FX Dashboard: Which Currencies to Target in a Carry Trade Environment?

FX Dashboard: Chilean Peso Vs Australian Dollar

FX Dashboard: Chilean Peso Outperforms Against EM but Lags Copper

FX Dashboard: Copper Outlook Positive for Chilean Peso

Alpha Bites: Receive Chile 10y Vs Pay Chile 2y with Receiving Bias

Rates 10y Dashboard: Which Countries Underperformed as US Rates Rallied?

FX & Rates

<p>In this week’s Alpha Bites, we recommend going long the Chilean peso (CLP) against the Australian dollar (AUD) in a beta-neutral ratio. The Chilean peso has outperformed its EM peers but has lagged the rally in copper. Instead of funding CLP in dollars, we prefer the Australian dollar to partly hedge the commodity risk as both Chile and Australia are major metal exporters.</p>

In this week’s Alpha Bites, we recommend going long the Chilean peso (CLP) against the Australian dollar (AUD) in a beta-neutral ratio. The Chilean peso has outperformed its EM peers but has lagged the rally in copper. Instead of funding CLP in dollars, we prefer the Australian dollar to partly hedge the commodity risk as both Chile and Australia are major metal exporters.

Alpha Bites: Long Chilean Peso Vs Short Australian Dollar