Colchester Papers

Colchester provide an introduction to the emerging market local currency debt asset class, discuss the merits of this investment choice and how Colchester manage their client's portfolios in this space.

This is an opportune moment to take a step back and reassess valuations and financial stability in the local currency emerging market debt universe.

Colchester’s case study on sovereign credit risk written by Claudia Gollmeier (pg 78-81) and published by the PRI as part of their paper ‘Shifting Perceptions: ESG, Credit Risk and Ratings. Part 3. From Disconnects to Action Areas.’

Colchester’s contribution written by Claudia Gollmeier (pg 132-140) for the CFA Institute’s ‘Guidance and Case Studies for ESG Integration: Equities and Fixed Income’.

Colchester’s investment team analyse debt levels in emerging markets in light of recent rises in global interest rates; and assess how vulnerable they really are in the event of further or more rapid rates rises.

Responsible investing is, and has been since the inception of the company in 1999, integral to the investment process employed by Colchester. Colchester which has the primary...

Colchester’s investment team analyse the evolution of the Inflation Linked Bond market, how and why they are utilised in portfolios, and what Colchester’s investment approach is for this sector of the market.

The prospective real-yield approach, based on purchasing power parity concept, appears to have real-world application, with a minimal need for forecasting. Only inflation can be forecast. Both perfect foresight and lagged...