Raza Agha

Head of Emerging Markets Credit Strategy

Raza Agha

Raza Agha joined LGIM as Head of Emerging Markets Credit Strategy in February 2019. He has over 23 years of experience in EM sovereign credit/macro research and strategy at commercial, investment, multilateral and central banks. Raza was most recently at VTB Capital in London where he was Chief Economist, Middle East and Africa, while also servicing internal clients on global emerging markets. He has previously worked with the Royal Bank of Scotland, Samba Financial Group, Bear Stearns, Central Bank of Pakistan, Abn Amro, and has been a consultant to the World Bank and Asian Development Bank. Raza graduated from Cornell University with two Master’s degrees in public administration and development policy. His undergraduate degree is in Economics from University College London.

Other articles by Raza Agha

Rate hikes, fuel spikes and EM sovereign HY
Investment strategy

Rate hikes, fuel spikes and EM sovereign HY

Historically, global food and fuel price squeezes have been bad news for high-yielding sovereigns...
By Raza AghaViraj Nadgir
15 Aug 2022
3 min read
Emerging market debt: the case for (cautious) optimism
Investment strategy

Emerging market debt: the case for (cautious) optimism

2022 has been challenging so far - but in our view, strong technicals, cleaner positioning and a...
By Uday PatnaikRaza Agha
25 May 2022
5 min read
How has emerging-market credit fared during the Russia/Ukraine crisis?
Fixed income

How has emerging-market credit fared during the Russia/Ukraine crisis?

Emerging-market (EM) credit has been hit hard by the Russia/Ukraine situation . Both EM sovereign...
By Uday PatnaikRaza Agha
11 Mar 2022
3 min read
2022 EM credit outlook: after a difficult year
Fixed income

2022 EM credit outlook: after a difficult year

2021 has been a tough year for emerging market bonds. What comes next?
By Uday PatnaikRaza Agha
06 Dec 2021
4 min read
EMD 2021 outlook: nine tailwinds for emerging market bonds
Fixed income

EMD 2021 outlook: nine tailwinds for emerging market bonds

We believe at least nine factors underpin a positive outlook for emerging market debt in 2021.  
By Uday PatnaikRaza Agha
02 Dec 2020
5 min read
Emerging-market debt during and after the crisis
Raza Agha
Fixed income

Emerging-market debt during and after the crisis

What is the outlook for emerging-market debt amid the global economic shutdown?  
By Raza Agha
23 Apr 2020
4 min read

Authors from the same team (37)

John S. Gray, CA CFA

John S. Gray, CA CFA

John is Senior Portfolio Manager, Emerging Markets within LGIM's Global Fixed Income team. John...
More about this author
Mark Benstead

Mark Benstead

Mark is the Head of Pan European Credit with responsibility for sterling and euro investment-grad...
More about this author
Sanchay Singla

Sanchay Singla

Sanchay is a Senior Portfolio Manager in the Global Emerging Markets Debt team and is responsible...
More about this author