Local Currencies
Our team has worked in local-currency markets since their birth in the late 1990s. From FX relative value (see below) to options, bonds, interest rate and inflation swaps, and swaptions, we know every product intimately.
Having helped introduce the asset class to hard-currency emerging-market investors when it was new, we know the questions it raises. Today we put that experience to work for investors looking for relative value, for issuers optimising their borrowing, and for anyone making the case for local markets.
