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: Is the Thai Baht Finally Turning?

Alpha Bites: Take Profits on Flattener Recommendations in Thailand and India

Flattening of Rate Curves in EM Far Exceeds the US

FX Dashboard: LatAm FX Has Started Outperforming Against Asia FX

FX Dashboard: Leaders and Laggards in EM FX as US Yields Retreat from the Peak

Alpha Bites: Long Indonesia Rupiah (IDR) Vs Short Singapore Dollar (SGD)

Worsening Risk Parameters for Asia-Pacific Region

FX & Rates

<p>In this note, we go over the reasons behind the underperformance of the Thai baht this year. With the underperformance likely to continue for the time being, we expect an opportunity to buy the currency to open up in the coming weeks.</p><p>Separately, the attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.</p>

In this note, we go over the reasons behind the underperformance of the Thai baht this year. With the underperformance likely to continue for the time being, we expect an opportunity to buy the currency to open up in the coming weeks.Separately, the attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.

THB

FX Dashboard: Thai Baht Not Yet a Buy