WEBINAR: Fed cuts catalysing further EM debt and equity outperformance
Join us for an insightful discussion on how the Fed’s cutting cycle and a shifting dollar could catalyse the next leg of EM performance across debt and equities.
Wednesday, 1st October 2025
11:00am EDT | 4:00pm BST | 5:00pm CEST
In this webinar, we’ll explore:
• The Fed and the Dollar
• EM local assets: Drivers of 2025 performance
• Outlook: winners vs. losers in EM Equity and EM Local Currency
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.
Dhiren Shah
Dhiren joined Ashmore in 2017. Dhiren joined Merrill Lynch Investment Managers (now BlackRock) in 2001. Throughout his career, he has been involved in the management of a range of Emerging Markets Equity products for both retail and institutional clients. In recent roles, Dhiren also had the responsibility as co-head and head of research for the Global Emerging Markets team. Dhiren is a CFA charter holder and gained a 1st in Economics from University College London.
Alexis de Mones
Alexis 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.