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Masters in Business

Tina Vandersteel on Emerging-Country Debt (Podcast)

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.42.2K Ratings

🗓️ 21 January 2022

⏱️ 76 minutes

🧾️ Download transcript

Summary

Bloomberg Opinion columnist Barry Ritholtz speaks with Tina Vandersteel, who is the head of GMO’s Emerging-Country Debt team. Prior to joining GMO in 2004, she worked at J.P. Morgan in fixed-income research developing quantitative arbitrage strategies for emerging debt and high-yield bonds. She began her career at Morgan Guaranty Trust, attending Morgan Finance Program #18, before establishing her career in emerging debt.

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Transcript

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0:00.0

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0:40.5

and these are the kind of questions we explore on my podcast, Math and Magic,

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0:50.4

thinkers to swap lessons and stories on making our work bigger and better. We'll hear from business

0:56.8

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1:03.7

get out in front of it or it's just going to bury you. Listen to Math and Magic on our very own free

1:10.6

iHeartRadio app, Apple Podcast, or wherever you get your podcast.

1:18.0

This is Masters in Business with Barry Redholz on Bloomberg Radio.

1:24.3

This week on the podcast, I have an extra special guest, Tina Vandersteel. She heads the entire

1:30.4

emerging country debt team over at GMO, located in Boston, the venerable investing firm.

1:38.0

That's head by Jeremy Granthram. He's the GMO. Myself and Vandersteel talk about everything from

1:45.9

the risks involved in EM investing, how you can hedge, whether or not you should be investing

1:51.9

in the local currency or in dollar-denominated in debt. This is really a deep dive into a fascinating

1:58.8

and under-followed sector of the marketplace. It's trillions and trillions of dollars.

2:04.9

And yet, most of us are fairly unfamiliar with what goes on in EM. And really, Tina gives us a

2:13.3

masterclass in what you should be looking for and how you should be thinking about

2:17.4

the risks and potential rewards in EM. I really enjoyed the conversation. And I think you will

2:24.0

also. So with no further ado, my interview with GMO's Tina Vandersteel.

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