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Paul Macnamara Bailey McCann, Opalesque New York:
Paul Macnamara is a veteran emerging markets investor. He began his career at the University of Warsaw and is now investment director for global investment firm GAM. GAM deploys a mix of investment strategies including emerging markets, and has over $60bn in AuM.
Macnamara was recently interviewed by Sona Blessing for Opalesque Radio.
An emerging market is understood to be an investment market, typically a country that operates on the lower end of the income spectrum relative to other more developed, wealthier areas. Investing in emerging markets tends to come with unique challenges compared to other markets, including legal issues, development, access and riskier types of debt.
According to Macnamara, for investors with the skill-set to invest in emerging markets, the current climate has never been better. Not only are emerging markets more mature and easier to access, but also markets that do not traditionally fall under the emerging market umbrella are starting to act like them – creating their own opportunities.
"Europe is starting to show some of the same issues we see in emerging markets: trouble finding external finance, the legal implications of debt restructuring, debt stability analysis," he explains. "As such, we’ve recently expanded our investmen...................... To view our full article Click here
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