Search results for

CONTEXT FOR DIVERSIFYING INVESTMENTS

Although the precise genesis is not determined, there is reasonable consensus that credit derivatives emerged as a product concept sometime around the early 90's, when ISDA first used the term "Credit Derivatives" in 1992 to characterise a new, exotic type of over-the-counter contract for credit risk transfer.

Fidelity Investments is losing staff in Japan, as headhunters take advantage of a power vacuum

As middling companies expand across Asia, they face ever-greater hurdles in managing cross-border cash flows. Treasurers need faster and better technology to do their jobs. Andrew Crooke finds out which banks are able to meet their demands.

Global reach and good client support help the US bank to emerge as the outright leader in three out of five structured product categories, according to Asiamoney's structured products polls.

Asian volatility is currently at an all-time low. Three major factors contribute to this downtrend in volatility:

In this article, we will look at recent developments and the 2005 outlook for fixed income structured notes across a variety of asset classes. On interest rates, by far the largest market for structured notes in Asia in recent years, US dollar volumes are down primarily because of the major flattening of the USD yield curve. The explosion in innovation makes it difficult to see a clear best seller. The main new idea, made possible by a flatter curve, is the appearance of bearish structures where investors take a view on rising interest rates. In this context, FX appears an increasingly attractive asset class, and Asian currency plays in particular provide attractive opportunities. The investor base for structured credit products in Asia keeps widening, in line with innovation, and we will look at the some recent developments in the CDO market.

Taiwan Market Overview

Bond markets will return to normal the week after next, with busy issuance expected in Asia, Latin America and the US market.

Asian bonds bankers are looking forward to a busy second half of the year.

Australia Pacific Airports (Melbourne) is talking to banks on refinancing its existing A$485m five year revolving credit signed in August 2001. That deal was lead arranged by National Australia Bank and Westpac Banking Corp, and offered a margin starting at 50bp over BBR, with step-ups based on the borrower's Standard & Poor's ratings.

Brazil is expected to return to the international markets with a global bond, possibly a 30 year, in September.