Emerging markets (EM) are part of our daily investing reality, but all are not created equal. There are more than 70 investable countries in this universe, with credit ratings from CCC to AAA and per capita incomes between $1000 and $50,000. How should investors approach this increasingly heterogeneous and complex mix of countries? Are indexes useful or do they mislead and constrain investor returns? What countries and regions offer the best potential returns, and what countries and regions carry the largest risks, in today's challenging market environment?
With a specific focus on
Emerging Market Debt (EMD), this 90 minutes learning session will explore new methodologies and practical strategies to integrate such exposure into global portfolios.
15:30 – 16:00 Registration & Welcome
16:00 – 17:30 Presentations with discussion and Q&A
Peter Marber will introduce a new way to think about EM, highlighting flaws in current definitions, indices, and EMD products built around such flaws.
Onursal Kilic will share his point of view from the asset owner side, among others, the importance and relevance of having EMD in a global multi-assets portfolio.
Kaan Nazli, CFA will take the audience through the active approach of EMD investing, including the available opportunities and the constraints to be considered.
17:30 – 18:30 Drinks
Peter Marber, Head, Emerging Markets Investments, Loomis, Sayles & Co.
Peter Marber joined Loomis Sayles in 2013 from HSBC Global Asset Management, where he was chief business strategist for their emerging markets group. Previously, he was president of emerging markets subsidiaries at Dresdner Kleinwort. He was also founding partner, senior portfolio manager and chief investment strategist for The Atlantic Funds, LLC, which was acquired by HSBC in 2005. Mr. Marber has been a faculty member at Columbia University since 1993, and has also taught at Johns Hopkins University and Universidad Francisco Marroquin. Peter has authored three books, most recently, Seeing the Elephant: Understanding Globalization from Trunk to Tail, published in February 2009.
Mr. Marber studied at the Universite Paris Sorbonne - Paris IV, and earned a BA from Johns Hopkins Univesrity and an MIA from Columbia University.
Onursal Kilic, Lead Portfolio Manager EMD, MN
Onursal Kilic has been managing Emerging Market Debt funds at MN Services since 2008. In his current capacity as the Lead Portfolio Manager, he is responsible for the team managing the hard and local currency EMD portfolios of the pension fund clients. He previously worked for ABN Amro Asset Management in Amsterdam as a Portfolio Manager managing the financials portfolio of Eastern Europe Fund and Global Emerging Markets Fund. Before that he worked at TEB NV in Amsterdam as a Senior Dealer and was responsible for managing the trading book and investment book of the bank as well as managing discretionary funds of private banking clientele. Before that he worked for ABN Amro Asset Management in Istanbul as a fund manager responsible for managing mutual funds with equity and fixed income asset mix. Prior to these posts, he has worked in prominent asset management houses and banks in Turkey specializing in fund management, sell side research and fixed income trading.
Onursal Kilic has received Bachelor of Science degree in Mechanical Engineering at Bosphorus University in Istanbul in 1993 and he has received Master of Business Administration degree specializing in Finance at the University of Texas at Austin in 1996.
H. Kaan Nazli, CFA, CAIA, Senior Vice President, Neuberger Berman
Kaan Nazli is Senior Economist for Emerging Markets Debt at Neuberger Berman, where he leads macroeconomic and ESG research on emerging markets, with a particular focus on the CEEMEA region. Kaan has previous positions in ING Investment Management and Medley Global Advisors, where he was responsible for macro research and sovereign debt credit views. Before that, he worked as a research analyst for Eurasia Group where he advised financial institutions on east central Europe. He played a key role in establishing the Lehman Brothers Eurasia Group Stability Index (LEGSI), a comparative political and economic stability index designed to measure stability in more than 20 emerging markets. Kaan received a Bachelor's degree in International Affairs from the University of Ankara, Turkey and earned a Master's Degree in Political Economy from New York University. He holds the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations.
We hope to see you there!
This will be a small, learning and dialogue focussed event. Secure your seat