Analysis: After Brazil ructions, a rethink for investors in emerging market state firms

From China’s Exim Bank to Mexican oil giant Pemex or South African utility Eskom, companies wholly or partly government-owned make up half of the US$2.4 trillion market in emerging market corporate debt.

RIO DE JANEIRO, BRAZIL - Brazil’s shake up of state-run oil firm Petrobras has caused shockwaves at home but may also prompt some bond investors to rethink their US$1 trillion-plus exposure to other government-controlled companies across emerging markets.

From China’s Exim Bank to Mexican oil giant Pemex or South African utility Eskom, companies wholly or partly government-owned make up half of the US$2.4 trillion market in emerging . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?