Pimco and Dagong unveil new sovereign perspectives

One of the world’s most celebrated investment managers and a Chinese rating agency are sweeping aside traditional ways of looking at sovereign credits. Ralph Sinclair looks at the advantages and pitfalls of the new methodologies and asks if they will herald further changes to the way the market views sovereign risk.

  • 16 Jul 2010
Pimco this week launched two new government indices aimed at investors looking for returns from the government bond market. Meanwhile, Chinese rating agency Dagong released its own ratings for 50 sovereign credits. Both companies departed from traditional offerings in their respective markets by looking at a sovereign’s ability ...

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5 Deutsche Bank 21,898.85 77 5.52%

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