This episode takes you inside the October 2025 IMF meetings in Washington. Portfolio Manager Tomi Einesalo shares what drove the more upbeat mood this year and why policy credibility matters again for emerging markets. He discusses the shift toward faster debt resolutions and the growing focus on developing local investor bases. Tomi also highlights a few countries that stood out for reform progress and explains what this means for active investors in today’s environment.
In this episode, we speak with Jetro Siekkinen, Head of Emerging Market Debt at LGT Capital Partners. We discuss how rising geopolitical tensions, shifting industrial policies and growing fiscal pressures are reshaping the global investment landscape – and why this environment may favor emerging and frontier market sovereign debt. From strong real yields to improving fundamentals and the coming introduction of a frontier market benchmark, the conversation explores where investors can find value and diversification in a changing world.
Our second edition of CP Insights delves into the wide universe of emerging and frontier market sovereign debt investments. While there are nearly 200 countries in the world, most fixed income investors have focused on the advanced economies. We therefore take a closer look at the frontier markets cosmos of about 170 countries, which offers truly unique opportunities.
