EM HC Sovereign Debt: 2026 Outlook and Opportunities
Join us for this insightful webinar where we will discuss the outlook and opportunities for emerging markets hard currency sovereign debt in 2026.
Thursday, 22nd January 2026
11:00am EST | 4:00pm GMT | 5:00pm CET
We will discuss:
- The global macro-economic cycle being extended
- EM Fundamentals: some divergence
- IG universe is expanding
- Catalysts for outsized returns in HY
The content is provided for informational purposes only and should not be used as the basis for any decision to purchase or redeem investments in any Ashmore fund. Not to be shown or distributed to the public. Investors should consider certain risk factors specific to investing in Emerging Markets (EM), before taking any investment decision. EM Carry risks as well as rewards. Capital at risk.
Speaker biographies
Gustavo Medeiros
Gustavo is responsible for following macroeconomic and political developments across developed economies and emerging markets. He is responsible for providing a review and forward-looking views of macro top-down developments on a weekly basis to the Investment Committee and, where required, works with the investment teams to translate these views in actionable investment ideas.
Before joining Ashmore, Gustavo worked for ten years at HSBC in São Paulo and London, where he traded Latin American local rates and currencies. After joining Ashmore in 2011, Gustavo worked for six years with the local currency team covering Latin America before joining the sovereign external debt team as portfolio manager responsible for Eastern European and African markets.
Gustavo was appointed to Deputy Head of Research in October 2019 and became Head of Research in October 2021. He holds a degree in Business Administration from Fundação Armando Alvares Penteado in São Paulo and is a CFA charterholder.
Alexis de Mones
Alexis de Mones, Portfolio Manager, joined Ashmore's fixed income team in 2012. Alexis started his career in 1997 at Morgan Stanley as an Emerging Markets sovereign credit analyst covering EMEA. In this capacity Alexis notably advised Middle Eastern and Central Asian sovereigns and corporates on their credit ratings and access to the capital markets. From 2002 onwards, Alexis managed Emerging Markets and Global fixed income portfolios at Morgan Stanley, ABN Amro and BlackRock where he was lead investment strategist for the Global Bonds product. Alexis holds a Masters in Public Policy from Harvard University and an Honours Degree in Business from EDHEC in France.