Lena Komileva is a City economist and a commentator on global economic themes with a long-established track record in financial services. Well followed for her core research, Lena works with public sector clients, policy officials, private wealth managers, hedge funds, market intermediaries, bank traders, risk officers, portfolio managers, public sector and corporate treasurers, inter-government institutions and media opinion-leaders. She is read by national and supra-national policy institutions, including the Federal Reserve, the People’s Bank of China and the IMF.
Lena is the Chief Economist and Managing Director of G+ Economics, an international market research and economic intelligence consultancy based in London. Previously she was Senior Vice
President and Global Head of G10 Strategy at Brown Brothers Harriman, a private US custodian bank, and Director and Global Head of G7 Market Economics at Tullett Prebon, No1 Broker for Currencies in
the 2010-2011 Risk Magazines rankings and the biggest government bonds broker in Europe. Lena holds a BA in Economics and an MSc Economics from the London School of Economics and Political Science
From the position of a top-down macro-economist with 15 years of experience in the heart of global capital markets, Lena writes on a variety of economic themes related to US, Euro area and UK fundamentals, policy, financial markets, capital flows and systemic links in the global economy. She was among the very first to argue the global implications from the securitisation crisis in the summer of 2007, including the dislocation of money markets, next-to-zero G7 monetary policy rates, the Great Recession and the new role for public capital in the functioning of financial markets with the worrying side effects of long-term public debt sustainability and global financial inflation pressures. Her product expertise lies in foreign exchange, money markets and government debt, while monitoring and analysing relationships with other markets such as volatility, credit derivatives, equities, commodities and emerging markets. Lena is a frequent contributor to the quality financial media and is regularly invited to speak at international industry forums. She graduated with an MSc in Economics from the London School of Economics and Political Science (LSE).
With a wealth of experience advising top-tier institutional and policy clients, Lena has written extensively on US, UK and Euro area fundamentals combining financial, monetary and macro-economic analysis. Her focus is on analysing the flow of funds between the financial industry - including the banking sector and wholesale asset markets - and the real economy, and its impact on economic and financial stability and policy. Lena was among the very first to argue the global implications from the securitisation crisis in the summer of 2007, including the dislocation of money markets, next-to-zero G7 monetary policy rates, the Great Recession, the Eurozone crisis and the new role for public capital in the functioning of financial markets with the worrying side effects of long-term public debt sustainability and global financial inflation pressures.
Lena is a frequent contributor to Bloomberg, Reuters, Financial Times, the BBC, the WSJ among others. She is regularly invited to present at market industry forums and has contributed articles to Bloomberg Brief, the Financial Times, Reuters, FX Week and others. Her research has been extensively quoted in the international press and she gives regular TV and radio interviews.
Contact us to arrange a consultation.
From the position of a top-down macro-economist, Lena writes on a variety of economic themes centred on the global crisis and international capital flows, and specifically on US, Euro area and UK fundamentals, policy and financial markets.
In addition to thematic strategy and economic analysis and forecasting, her product research focuses on foreign exchange, money markets and government debt, and the relationships with other asset classes such as volatility, credit, credit derivatives, equities, emerging markets and commodities.
Lena Komileva, chief economist at G+ Economics, talks about the Greek debt crisis and the country's future in the euro zone. She speaks with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg)
Five years on from the eurozone crisis which could have seen Greece and others crash out of the eurozone, a game of brinksmanship is going on. The German government expects Greece to uphold the terms of its international bailout agreement but the anti-austerity party Syriza wants to renegotiate those terms.
Portugal’s Jornal de Negócios: Komileva: ECB "will extend stimulus beyond 2016" (10/06/15)
Financial markets are facing a new global currency crisis. China’s surrender of a strong yuan has challenged the international monetary order of competitive easing and currency devaluation, engulfing emerging markets in a new debt-driven global demand shock. The past eight months of EU-Greece negotiations have exposed the political and financial realities of the euro, a shared national currency peg with no sovereign backstop and a dwindling capacity to withstand shocks. As Greece heads for severe recession and another snap election in 2015, under the high social toll and slim chances of economic success of a third bailout, the euro is facing a possible death spiral. Read the article here:
Question the conventional wisdom of the day. Whatever the macro-risk financial climate, global economic trends and financial links generate opportunities for growth. The art of successful investing is predicting the direction of macro risk travel >>>
The Guardian: Stocks rise but dollar slides after Federal Reserve raises US interest rates - as it happened (15/03/17)
FT: Dollar under pressure after US jobs report (11/03/17)
MarketWatch: Central banks are taking off the market’s training wheels ECB’s gentle nudge shows just how dominant monetary policy has been in last half decade: Komileva (10/03/17)
Bloomberg TV: G+ Economics' Komileva Says Markets Living in Bubble (08/03/17)
FT Blogs: Spring Budget speech 2017 - as it happened (08/03/17)
DJ/WSJ: As Eurozone Economy Strengthens, Divisions Within ECB Re-emerge (07/03/17)
InsuranceAge: UK Broker Summit 2017: Economist advises brokers to prepare (02/03/2017)
FT: Global stocks at record highs as financials gain (15/02/17)
FT: Dollar index sinks to 2.5-month low, while gold shines (02/02/2017)
Bloomberg TV: Komileva: Markets Are at an Important Transition Point. Lena Komileva, G Plus Economics chief economist, discusses investor reaction to President Donald Trump's policies. (30/01/2017)
Bloomberg TV: How Important Are U.S. Trade Relations to the U.K.? (30/01/2017)
MarketWatch: Stock market closes lower, spooked by Trump immigration ban (30/01/17)
BBC World Service Business Daily - 2017: Prepare for Anything
We examine the risks and the opportunities of 2017 with two UK-based market experts. With President Trump heading for the White House, big elections scheduled in Europe in the next twelve months, and China's economy continuing to slow, does this promise to be the most unpredictable year anyone can remember? The forecasts weren't exactly robust for the last 12 months, how will they prove this time? Johanna Kyrklund, global head of multi-asset investment at Schroders, and Lena Komileva, the managing director of G+ Economics, consider the known unknowns. (03/01/17)
BBC Radio 4 Today: What will 2017 hold for the economy? What will 2017 hold for the economy? Brexit, Trump and EU elections may shape the answer. Johanna Kyrklund of Schroders, Gilles Moec of Bank of America Merrill Lynch, and Lena Komileva of G+Economics discuss (03/01/17)
Bloomberg Surveillance: Komileva - Can Europe Survive in Its Current Form? (23/12/16)
Bloomberg Surveillance: Komileva -Europe Banking System Remains Fault Line? (23/12/16)
Fortune: Here's Why the Dollar Just Hit a 14-Year High (16/12/16)
FT: Dollar and Treasury yields jump on Fed rate outlook (15/12/16)
Reuters: Yields advance on fed rate hike outlook (15/12/16)
FT: S&P 500 touches record high as crude prices jump (13/12/16)
The Guardian: Oil price surges on cuts deal, Italian banks recover (12/12/16)
Il Sole 24 Ore: Questo non è (ancora) un tapering (09/12/16)
MarketWatch: FTSE 100 ends at 5-week high after ECB decision (08/12/16)
The Guardian: ECB’s Draghi announces stimulus extension (08/12/16)
FT: Wall Street hesitant after US jobs report (02/12/16)
FT: November’s jobs report: ‘Disappearing’ US wage growth (02/12/16)
Bloomberg TV: Why 2016 is the Year of Financial Impossibilities (30/11/16)
WSJ: Markets May Soon Fall in Line With Fed's 2017 Rate-Hike Plan (16/11/16)
FT: Talk of ECB QE wind-down weighs on Bunds (05/10/16)
Bloomberg TV: What Could Make the Fed Move Before December? (04/10/16)
Bloomberg TV: Does ECB Easing Pose a Risk to Bond Investments? (04/10/16)
Bloomberg TV: Brexit Timeline Clarifies but the Warnings Keep Coming (04/10/16)
MarketWatch: Here’s why the Bank of Japan is putting its focus on the yield curve (21/09/16)
Reuters News: FX, money market kinks fuel dollar bond issuance bonanza from Japan (21/09/16)
Bloomberg News: Fed Deluge of Dots and Discord Leaves Global Markets Baffled (13/09/16)
Il Sole 24 Ore: Draghi tiene in pausa il nuovo QE (09/09/16)
FT: Euro firmer on lack of QE extension talk (08/09/16)
The Guardian: Business Live (08/09/16)
Nasdaq: FTSE 100 Rises, Supported By Commodity, Bank Stocks (08/09/16)
Bloomberg TV: G-20 Remains a Vital Forum for Debate, Says Komileva (06/09/16)
Bloomberg TV: ECB Likely to Extend QE Into 2018, Says Komileva (06/09/16)
Bloomberg TV: Is This the Beginning of the End for Merkel? (06/09/16)
Bloomberg TV: Have Markets Priced in an Oil Production Freeze? (06/09/16)
MarketWatch: Why the Fed needs to stop ‘back seat’ driving, in one chart (02/09/16)
FT: Stocks bolstered by mild US jobs report (02/09/16)
MarketWatch: US stocks end higher after payroll report (02/09/16)