Events | February 16, 2024

Tina Vandersteel on the Meb Faber Show

EM Local Debt: A Once-in-a-Generation Opportunity?


GMO Head of Emerging Country Debt, Tina Vandersteel joined Meb Faber in February to discuss what the team believes may be a once-in-a-generation opportunity in emerging market local debt. Indeed, with USD overvaluation at relative extremes, EM local debt can be a powerful way to capitalize on this strong and ongoing tailwind for non-dollar assets as a supplement to both EM equities and other asset classes. In this podcast, Tina provides an overview of the broad EM debt asset class, describes why she believes that EM local currency debt deserves a prominent place in portfolios today, and offers her take on China.

You can listen to the full podcast here: The Meb Faber Show Episode #521: GMO’s Tina Vandersteel on a “Once-in-a-Generation” Opportunity.  

Disclaimer: The views expressed are the views of Tina Vandersteel through the period ending February 2024, and are subject to change at any time based on market and other conditions. This is not an offer or solicitation for the purchase or sale of any security and should not be construed as such. References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities.
Copyright © 2024 by GMO LLC. All rights reserved.

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