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"We look at how the central banks of these emerging markets are handling the issue of currency and liquidity. They have to keep their currencies cheap, so need to sell a lot of it domestically" Michael Dooley, Cabezon Capital |
Michael Dooley knows a thing or two about emerging markets. For 13 years he was an economist for the division of international finance at the US Federal Reserve, where he worked on trade and current account forecasting and was an editor of the Blue Book. He then worked for nine years at the IMF, where he advised governments in the Brady bond plan agreements. Moving to Deutsche Bank in 1992, he worked on the debt restructuring team for Argentina and stayed on as chief economist for Latin America.
It’s an impressive resume, and one that has led Dooley to his latest venture – an emerging markets-themed global macro hedge...
