This Emerging Issues video is the first in a series about risk
management in the current economic environment. In it, Jay Tambe,
co-leader of Jones Day's Financial Institutions Litigation
& Regulation Practice, discusses navigating the potential
emerging markets debt crisis and provides guidance and insight for
investors, financial intermediaries, and issuers.
For the better part of a decade, several developed economies have
maintained historically low interest rates as a matter of
deliberate monetary policy. As a result, fixed income investors
have looked for higher-yielding investments in emerging market
debt, both private and sovereign, as well as high-yielding debt in
the commodities sector. Jay discusses the effects of the slow down
in the emerging economies and the commodities sector from the
perspectives of investors, financial intermediaries, and issuers.
He emphasizes the importance of identifying and assessing the
direct and indirect risks these groups face now, including
jurisdictional considerations, and creating playbooks to help them
navigate the looming crisis in emerging market debt.
Learn more about
preparing for potential emerging market risk.
In the coming weeks, Jones Day will feature additional videos
concerning emerging markets, the energy market, and liability
management in the face of escalating debt.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.