Seeking out the orthogonal view

Identifying global trends by actively thinking, questioning, and writing

Free Trial

The ‘Dollar Smile’

Stephen L. Jen and Fatih Yilmaz, creators of the ‘Dollar Smile’ hypothesis

Learn More

CO Eurizon SLJ
EM Bond Strategic Income UCITS ETF

A ‘Quality-Enhanced’ approach to Emerging Markets income

Learn More

Our insights

Eurizon SLJ is renowned for its in-house macroeconomic analysis and quantitative modelling. Our research capabilities allow the firm to generate insights on important global economy and policy issues, which are crucial to supporting the investment process. View our latest insights here.

Learn More

Research led,
outcome focused investing

Our distinctive macro research led approach to fixed income and currency investing, combined with the robust infrastructure of our parent, Eurizon Capital SGR, enables us to take a long-term view of markets and client relationships.

Learn More

Our distinctive macro research led approach to fixed income and currency investing, combined with the robust infrastructure of our parent, Eurizon Capital SGR, enables us to take a long-term view of markets and client relationships.

“Writing and thinking constantly instead of trading is the best way to identify the right trends.”

Stephen Jen, CEO, Co-CIO and Co-founder of Eurizon SLJ Capital

“We believe it is crucial to have portfolio managers that are of a global mindset. It is very important for us in formulating our views.”

Fatih Yilmaz, Co-CIO and Co-founder of Eurizon SLJ Capital

Our Research

As an active research led investment manager, our specialist knowledge of emerging markets and FX enables us to offer long term, outcome focused, investment solutions.

Our unique and informative research on macro-economic and global policies provides a global range of institutional investors, asset managers and analysts with alternative perspectives on the world.

Research-final-image_317237713-scaled (1)
Closeup rolled of variety banknote around the world. Exchange rate and Forex investment concept.-Image.

Rigorous research forms the backbone of the investments we make on behalf of our clients. Our team of experienced portfolio managers offer a unique approach, combining deep, first-hand emerging market insights with a global context of how the world views these markets.

Latest thinking

My thoughts on currencies

The future trajectory of the Trade War remains highly uncertain, with too many permutations for us to plan for...

  • Article
  • April 22, 2025
  • 4 Mins Read

FT: Is the world losing faith in the almighty US dollar?

Amid the market’s abrupt turn away from the “American Exceptionalism” narrative, Stephen Jen delivers a sharp and timely perspective on the doll

  • Article
  • April 17, 2025
  • 4 Mins Read

The Risks of Export Dumping by China

As tensions between Washington and Beijing escalate, Stephen Jen and Joana Freire explore a powerful second-order consequence: the redirection of Chin

  • Article
  • April 15, 2025
  • 4 Mins Read

Tariffs, Trade, and Turning Points: A Crucial Week for Global Markets

Episode 158: UK: Activist Policy Ahead Amid Structural Weakness,

  • Article
  • April 11, 2025
  • 8 Mins Read