Vihren Capital was founded by Milena Todorova, a seasoned investment professional with strong expertise in research, strategy and trading earlier in her career, and portfolio management in Global Macro Emerging Markets, with a strong focus on FX and rates. Vihren is focused on providing a highly tailored level of service to a limited number of subscribed clients - fundamentally driven, discretionary global macro analysis and investment ideas in developed and 20+ emerging markets. Our deep understanding of investable geographies in G10 and Emerging Market countries gives us a diversified source of ideas using currencies, local interest rates, sovereign credit, equity indices, and corresponding derivatives across all regions, excluding illiquid frontier markets. We inform the views of select clients by providing our experienced perspective on important macro and political developments in G10 and EM countries. In the process of macro environment and investment opportunity analysis, we provide specific, fully parametrized trade ideas and investment themes across fixed income and currencies, that serve investment professional who take risk and manage portfolios in the Global Macro Emerging Market space. We specialize in practical, timely and actionable analysis of the global macro and idiosyncratic country environments in more than 20 EM geographies, that is meant to serve macro investment decision makers. We generate specific timely trade ideas in EM Macro rates and FX and provide relevant commentary as the trade ideas develop by engaging in a tailored and ongoing interaction with our clients.