BCP provides industry leading Emerging Market High Yield credit research characterized by a thorough approach and insightful analysis and opinion.


We follow over 200 Emerging Market issuers.


We publish over 100 pages per month in research reports in addition to over 150 earnings notes in a given reporting season.


We host six investor conferences per annum, attracting dozens of issuers and hundreds of institutional investors in Argentina, Brazil, Mexico, Miami, Ukraine, and Russia.

Our Team


Our research team is comprised of professionals located in our Madrid, Rio de Janeiro, Mexico City and Greenwich offices.Ben Hough manages the corporate research team and Walter Molano the sovereign research. Both are well experienced and very highly regarded in the market.

Our Research Products

Dr. Walter Molano’s Emerging Markets Weekly:
Insights into sovereign credit analysis

Global Economic and Financial Outlook:
Dr. Molano’s current macro views

Economic Outlook and Emerging Markets Top Picks:
Rating performing High Yield corporate credits versus the CEMBI HY index.

High Octane Priority List:
Our stressed and distressed product, we rate over 35 issuers trading at an average price of 50c.

Industry Specific Reports:
We periodically issue a comprehensive update on select industry issuers.

Sample recent publications

Argentine Provinces:
Comprehensive report on eight issuers that have brought over US$5 bn of paper to market

Pulp and Paper Producers: Six Latam issuers, including Investment Grade

Sugar and Ethanol:  Six South American issuers, including distressed names

Pemex: Upside in the Downstream?
30 pages on the US$100 bn Investment Grade issuer

Argentina Local Market Instruments: Guide to accessing high local interest rates.

Brazilian Protein Producers: Four industry leading beef and poultry issuers.

South America Airlines: Four issuers, from stressed to par paper.