Stone Harbor Investment Partners

Weekly Comments on Credit In our Economist Corner, we look at the employment cost data and the recent release that saw Q3 data increase at just 3.2% year-on-year, down from 4.1% last month and why this move down matters. #EmergingMarkets https://bit.ly/3Alo0sI

Weekly Comments on Credit November 1 — Our chart of the week illustrates Nigeria’s external current account balance, which has moved from a small surplus of around 1% of GDP in 2021/2022 to 11.5% as of Q2 2024. #EmergingMarkets • PDF and Podcast: https://bit.ly/3Alo0sI • This week’s podcast presenter: Jim Craig, CFA, Co-Chief Investment Officer, Head of Emerging Markets

Weekly Comments on Credit In our Economist Corner, we observe how Multi-family housing starts have come down significantly from their recent highs back in 2022. #EmergingMarkets https://bit.ly/4fhFZ26

Investment Policy Statement - October 2024 In our latest issue, we do a deep dive into five factors that we see as key drivers of the neutral rate. https://bit.ly/3MCD5bQ #bonds #emergingmarkets

Weekly Comments on Credit October 25 — Our chart of the week illustrates the significant progress made in EM sovereign debt defaults that occurred due to economic vulnerability resulting from the pandemic and the Ukraine-Russia conflict. #EmergingMarkets • PDF and Podcast: https://bit.ly/4fhFZ26 • This week’s podcast presenter: Andrew Seidel, CFA, Portfolio Manager, Emerging Markets Debt, Sovereign

Weekly Comments on Credit In our Economist Corner, Seamus Smyth points out that manufacturing IP in the US remains stagnant in the recent past but also extending back to pre-Covid times -- it is only trivially different from 2016. #EmergingMarkets https://bit.ly/4f6MHYy

Weekly Comments on Credit October 18 — Our chart of the week highlights the surge in Argentina’s external bond prices that accelerated over the past two months. #EmergingMarkets • PDF and Podcast: https://bit.ly/4f6MHYy • This week’s podcast presenter: Steffen Reichold, Ph.D., Portfolio Manager/Emerging Markets Economist

Virtus partner, Stone Harbor Investment Partners' investment team, reviews key macroeconomic factors, including the much-anticipated policy rate cut by the U.S. Federal Reserve, that impacted emerging markets debt performance during Q3. https://bit.ly/48eS3yU Virtus Investment Partners #VirtusAffiliate #EmergingMarkets #Bonds

Stone Harbor recently welcomed University of North Carolina’s Kenan-Flagler Business School for an investment trek to NYC. Jim Craige, chief investment officer at Stone Harbor Investment Partners, shared insights on emerging market debt with the group and discussed the #AlphaChallenge event, where he will serve as a judge for the credit track in early December. Jesus Fernandez, President of the Investment Management Club, in collaboration with Executive Director Pramita Saha, facilitated this valuable opportunity for the students. Exciting times ahead for these aspiring finance professionals! UNC Kenan-Flagler Business School Virtus Investment Partners #Finance #Investment #UNC

In our Economist Corner, Seamus Smyth looks at core CPI, which has rebounded in the last two months, and highlights what part of the reversion was broadly expected. #EmergingMarkets https://bit.ly/3NndjJ6