A Day in the Life
Tieu-Bich, Fixed Income Credit Analyst
7:00 am
Working with emerging markets, there is always a stream of news. I begin the day by checking various sources for both company-specific and sovereign events.
8:00 am
In today's Morning Meeting, we discuss news that a large Latin American company is seeking to issue a significant amount of debt. The company operates in the industry I cover so I share my views on the potential impact.
In addition there have been M&A rumors in the global metals industry, including a company that I follow. I met with management yesterday and present my findings and recommendation at the Morning Meeting today.
9:00 am
The new issue calendar has been very busy and I've flagged two deals as particularly interesting based on valuation. Management from one company arrives to conduct a road show meeting with investment personnel at the firm.
10:30 am
I adjust my financial model for the company based on the meeting and on subsequent conversations with our sovereign analyst for the region. I recommend the issue to the portfolio manager.
Throughout the day, I have several phone conversations with sell-side analysts, company managements and our traders and other colleagues throughout the firm. I also read large amounts of research with the goal of uncovering new ideas for our portfolio.
In the course of examining valuations on my coverage universe, I discover a company that has sold off due to a regional event. After analyzing the impact and speaking with company management, I decide to recommend the credit at tomorrow's Morning Meeting.
6:00 pm
I end the day by checking where the equity and bond markets have closed and reviewing the day's news announcements. During this quiet time, I focus on two potential opportunities and decide that I will contact the companies' managements tomorrow. It has been a fast-paced day that leaves me with much to follow up on and several open-ended possibilities for the portfolio.