Hong Kong regulator to consult banks on new LCR this quarter and assess level playing field implications before deciding on whether to adopt a phased approach
A lack of liquidity is still providing problems for corporates looking to hedge – even in Hong Kong
Exchange-traded funds that give exposure to corporate bond indexes could face competition from total return swaps on the indexes, say market participants
Using non-financial corporate bonds instead of bank bonds to underpin structured products could encourage more investors to consider them, as it would help diversify the counterparty risk within a portfolio, say industry participants
Exchange-traded funds provider of the year
Tenax Capital fund will buy bank loans and provide debt capital to corporates
Turning borders into barriers
Exchange-traded funds that give investors exposure to emerging markets debt are increasingly popular and funds denominated in local currencies are also on the rise
HKMA backs foreign currency option for local banks struggling to meet Basel III’s liquidity coverage ratio
A new ETF from iShares gives investors dollar-denominated exposure to emerging markets corporate bonds
A new Market Vectors ETF from Van Eck is the latest in a busy period of corporate bond fund launches, highlighting continued demand for high-yield products
Regulators are keen for a wider universe of cash and derivatives instruments to trade on electronic platforms. A panel of experts discuss some of the challenges
Lieven Debruyne, chief executive of Schroder Investment Management (Hong Kong), is eyeing up opportunities in the dim sum bond market
A taste for dim sum
After the financial crisis of 2008–9, authorities needed to 'rehabilitate' corporate debtors to improve their creditworthiness. Why have they failed?
Loomis Sayles vice-chairman discusses the US credit markets
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
Debt prospecting down-under
Solvency II and credit: A change in appetite
At Risk Europe in Brussels, Belgium's Didier Reynders speaks frankly about the sovereign debt crisis, financial sector reform and tensions between European institutions
HKMA’s Yuen urges banks to take action now on Basel III LCR; warns of negative impact for corporate debt markets
Banks should begin preparing in earnest to meet the Basel III liquidity requirements as regulators begin the process of supervising banks’ compliance with the new rules, according to the deputy chief executive of the HKMA.
Laurent Crosnier, chief investment officer at asset manager Amundi in London, looks to emerging market corporates for returns.
Amundi Asset Management says emerging market bond spreads remain wide on a relative basis.
The new safe haven