Trading fixed income and fx in emerging markets – a practitioner’s guide Ebook

Trading Fixed Income in Emerging Markets explains how to maximize profits trading the large and fast-growing emerging markets. Written by practitioners for practitioners, it covers all three fixed income asset classes: EMFX, EM local rates and EM credit. It aims to provide tools that can immediately be used, rather than to be overly academic. It also gives special emphasis on the impact of the global macro cycle on EM investing and the impact of the rise of China and its fixed income markets. The book is heavily data-driven, in that every trading rule is thoroughly back-tested over the last 10+ years. A secondary emphasis is on case studies of trades that illustrate how markets typically behave in certain situations and how to profit from such regularities. It focuses both on how to trade the business cycle and on how to trade many typical emerging market events (elections, intervention, capital controls etc), and also covers portfolio construction, how to apply ESG principles to EM and how the authors see the future of EM investing in a world of big data and machine learning.