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Koon Chow

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There's a lot of customer interest in a whole array of emerging markets. The yield levels offered by some of these countries are still quite attractive. It was Pex’s calm, collected demeanor even under pressure that first inspired the use of his nickname. There's a lot of customer interest in a whole array of emerging markets. The yield levels offered by some of these countries are still quite attractive.

Inflation is going up and they have to do something to control it. The economy has been doing extremely well and the koruna will probably keep strengthening.

Early elections have been brought forward, forcing investors to take a closer look at Slovak politics. We may still see some further weakness.

The rise in global rates caught the market when it was very complacent about the region, causing a sell-off in the zloty. If we see a further rate cut in Poland, the yield differential over the euro-zone will have shrunk, and only investors with a very strong currency call will stay in the market.

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