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.

Alpha Bites: A 2s5s Flattener in Colombia with Receiving Bias

Rates 10y Dashboard: Can US Curve Flattening Pull EM with It?

Rates 10y Dashboard: Which EM Countries to Target for 2s5s Flatteners?

FX Dashboard: Monitor Colombian Peso for an Entry Point

Alpha Bites: Receive Colombia 5y Versus Pay Mexico 5y Rate

Rates 10y Dashboard: Colombia’s Curve Steepens on Fiscal Concerns

FX & Rates

<p>The correction in Colombia's assets gained momentum following the downgrade by S&amp;P. In the midst of the sell-off, the risk premium in the long end of Colombia’s local rates curve appears excessive compared with the currency.</p><p>Separately, the attached file is a snapshot of the EM 10y rates market in which we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to an EM rates index.</p>

The correction in Colombia's assets gained momentum following the downgrade by S&amp;P. In the midst of the sell-off, the risk premium in the long end of Colombia’s local rates curve appears excessive compared with the currency.Separately, the attached file is a snapshot of the EM 10y rates market in which we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to an EM rates index.

Rates 10y Dashboard: Higher Risk Premium in Colombia’s Rates Than FX

COP 10Y

Rates 10y Dashboard: Higher Risk Premium in Colombia’s Rates Than FX