In this webinar Julian Macmillan looks at valuations and the importance of country risk.
A valuer needs to factor in the risk premium for a particular country, and also to recognise that asset-specific factors can change the size of that premium. Infrastructure and energy assets may be fully exposed to the risks of their host country, but some assets are insulated from the local economy and political risk. Valuers therefore need to use judgement when they assess the country risk premium.
The webinar explores the types of risk the country risk premium covers, how it is calculated and the adjustments that may be needed.
What you will learn
- What the country risk premium (CRP) represents
- How CRP is applied
- Which risks CRP covers
- Which adjustments can or should be made to CRP when valuing overseas assets