We are pleased to introduce The Investment Intelligence Podcast, where experts discuss all things investing, from recent market developments, to strategy, sustainable investing, asset allocation, risk management and more.
Giulia Pellegrini is a Senior Portfolio Manager for Emerging Markets Debt at AllianzGI, where she focuses on EM sovereign debt strategies and Sustainable Investing. Prior to joining AllianzGI in 2020, she was Head of Sustainable EM Debt Investing at BlackRock since 2015. Ms. Pellegrini was previously Chief Economist for Sub-Saharan Africa in J.P. Morgan’s Emerging Market Research team in London and in Johannesburg and an Economist at the World Bank in the Africa Finance and Private Sector Development Department in Washington D.C. She started her career as an Economist at the Debt Management Office of the Federal Republic of Nigeria in Abuja. Ms. Pellegrini holds master degrees in Development Economics and in Econometrics from the University of Oxford, St Antony’s College and from Birkbeck College as well as a BSc in Economics from the School of Oriental and African Studies – University of London.
Armed conflict, financial woes and inflation shocks have contributed to a tricky 2022 so far for emerging markets. But a broader, systemic crisis is not anticipated for emerging-market debt, and there might be reasons for optimism about a recovery.
Listen to senior fixed-income portfolio manager Giulia Pellegrini discuss how ESG factors have become essential to assessing risk in emerging-market debt, a trend that’s only gaining momentum after the Covid-19 pandemic. And how aggregate ESG scores can be highly deceiving, especially in assessing governance in emerging markets.