Media coverage

Bloomberg shares Jetro Siekkinen’s views on frontier market debt

29 July 2024

Bloomberg writes about frontier market debt outperforming high-grade emerging market bonds and asked Jetro Siekkinen, Partner at LGT Capital Partners, about his views on the market.

According to the media outlet, debt from frontier markets could offer investors protection against US election upheaval, as these countries have limited exposure to geopolitical shifts.

Jetro points to current opportunities in frontier markets, saying that LGT Capital Partners has recently taken up positions in Egyptian and Nigerian bonds, as the countries’ insulation from global volatility will support the debt over the next one to two years.

He also stresses that frontier markets offer diversification potential as their returns tend to have a relatively low correlation to global capital markets and to each other. “What happens in Uruguay does not have any meaning for Uganda and what goes on in Uganda doesn’t impact Uzbekistan,” Jetro adds.

Find out more here (article behind paywall).