Corporates to drive EM growth but watch financial market development, say Credit Institute panellists
Panellists in the Credit Institute forum on ‘Sovereign or Corporate, Global or Local’ said that corporates will drive credit growth in emerging markets, but investors cannot afford to ignore financial market development or to forgo due diligence.
Investors remain under-allocated to emerging market debt, despite emerging countries growing more rapidly – and, in many cases, boasting healthier balance sheets – than developed economies, panellists say.
Lombard Odier hires EM debt chief
Profile: John Bates
Emerging markets analyst joins Insparo AM
Commerzbank has made key hires in sales and trading across Asia, Europe and the US as it strengthens its global FX business, the bank said on August 25.
Russia will benefit more than its competitors from China's growing energy appetite, says private investment bank Troika Dialog
Charles Achoa joins Royal Bank of Scotland after 13 years at Credit Suisse.
The UK-based bank has named an emerging markets specialist with a strong quantitative pedigree to run global fixed-income research
Investec unveils its first boutique products aimed at the wealth and discretionary management market
HSBC has listed a Brazil ETF in London as it builds its fledgling ETF operations and expands into European markets
Rowe departs Citi to head up Crédit Agricole’s Asian trading group.
Knight Capital hires new managing directors for capital markets business.
Can Uran leaves Bank of America Merrill Lynch for senior role at UBS
As growth in developing economies – particularly the Bric countries of Brazil, Russia, India and China – outstrips that of the developed world, companies with sizeable emerging market exposure are looking increasingly attractive to bond investors.
Global savings and insurance heavyweight, Skandia, has been distributing structured products in Sweden since 2005 when it launched two products with Skandiabanken as issuer. Since then the Swedish branch has gone on to use various other intermediaries...
Morgan Stanley has issued Jump Securities, a structured products based on the performance of a basket composed of the iShares MSCI Emerging Markets Index Fund and the Dow Jones Eurostoxx 50. Principal is not protected and the upside above the target level...