Where is your credit research focused - on the high grade or the high yield side
It changes depending on where the action is, but in general it's fairly well spread across the credit spectrum. My group covers sovereign credits and we also have a credit research department that looks at high grade, high yield, and special situations.
How many people in the team in total
In distressed research we have two, in corporate credit we have six, and in my team which covers both local market as well as external sovereign debt we have four, and in addition there's an economics unit of seven people.
In 1998 we decided we wanted to cover...