BBVA reopened the five-year senior unsecured market for Spanish banks in April, but post-deal spread widening shows the sector remains a challenging sell to investors
Government adviser of 30 years’ standing; academic; currency and commodity investor; published author: Steve Hanke has a long and varied CV. He talks at length about what he sees as irresponsibility...
After a rampant start to the year, collateralised loan obligations gave back most of their year-to-date gains as macroeconomic risks interrupted the corporate credit rally. But with spreads on the underlying...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Rob Davies articles
The fixed income chief investment officer for Asia-Pacific at HSBC Global Asset Management on the dangers of inflation, and why the region’s bond markets still offer compelling value, despite significant spread compression in recent months
The risk-based capital charge due to come into effect in 2013 as part of the Solvency II requirements is set to reduce insurance companies’ demand for credit, particularly longer-dated paper. Credit looks at whether this has already started to feed...
The fixed income supremo at Aberdeen Asset Management talks about the benefits of flexible mandates and the key risks and opportunities in the markets
Securitisation market has a long way to go before its reputation is restored, says industry veteran
A large number of foreign currency convertible bonds issued by Indian companies are due to mature in the next year. But with the equity market not trading at the levels assumed when the bonds were issued, some companies may struggle to meet their obligations...
Legal & General Investment Management America’s head of fixed income, John Bender, says decision on whether to raise debt ceiling could have wider implications
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future