Articles by Georgina Lee
Thai Islamic Bank head: Thai government may issue sukuk in 2011 after law change
Approval of new tax structures to facilitate sovereign Islamic bonds based on real estate holdings expected soon
SGX AsiaClear sets sight on becoming Asia's CCP for rates and FX swaps
SGX president Muthukrishnan Ramaswami says the new interbank OTC clearing service for SGD and USD interest rate swaps will target Asian banks as a start, and soon global investment banks that trade with Asian counterparties. Asian local currencies non…
China fast-tracks Hong Kong as offshore renminbi centre
Lighting the way
Chinese banks push non-resident accounts in reaction to HK remninbi challenge
Move by financial institutions on the mainland may blunt efforts by Hong Kong banks to establish the special administrative region as a pre-eminent centre for offshore renminbi trading
CIC gets Fed approval for Morgan Stanley stake
The Chinese sovereign wealth fund has committed to the US Federal Reserve that its interest in Morgan Stanley will remain a passive investment and that it has committed to not exert controlling influence over the bank
Man’s $21bn quant fund sees no need for high frequency trading
AHL, the managed futures single manager of Man Investments, says it sees no need to participate in the high-frequency area to secure alpha from its trend-following strategy.
Risk Australia Rankings 2009: The debt dividend
Following a major sell-off in the second half of last year, the antipodean financial markets are seeing significant inflows of foreign capital in 2009 due to the resilience of the Australian economy. Dealers are also profiting from derivatives activity…
Managed account platform gives new hope for investors seeking alpha in China
Currency restrictions, tight investment rules and concerns about asset segregation have made it difficult for foreign investors to gain alpha from mainland China investments. But a new managed account platform offering access to China ‘sunshine funds’…
FSC clamps down on unsecured lending while bolstering Korean repo market
Reform to broaden the use of the onshore repo market in South Korea is expected to help smaller banks and financial institutions better manage their short-term funding and reduce systemic risk. It should also facilitate the development of interest rate…
Haitong debuts RMB mutual fund in Hong Kong
The head of Hai Tong Asset Management in Hong Kong, which debuted the financial centre’s first renminbi mutual fund, says he expects an offshore renminbi convertible bond to emerge in Hong Kong and believes Beijing will approve a ‘mini-QFII’.
Asia Risk 15: A steep learning curve for interest rate derivatives
Asia’s interest rate markets have matured significantly during the past 15 years and now offer a full array of onshore and offshore hedging and investment options to end-users. Georgina Lee reports
Asia Risk 15: Jack Lin, Janus Capital
The development of mainland Chinese markets may mimic what has already occurred in Taiwan, according to Jack Lin, co-chief executive officer of Janus Capital International in Hong Kong, but the role of sovereign funds and the quantum of scale indicate…
Asia Risk 15: David Li, Bank of East Asia
Chairman and chief executive of Bank of East Asia, David Li Kwok-po, is a consummate relationship banker who has expanded the Hong Kong family bank’s footprint into mainland China. But he places high importance on quantitative risk management. By…
Asia Risk 15: James Sheu, Chinatrust
Chinatrust is one of Taiwan’s leading financial groups with businesses spanning venture capital, asset management, securities broking and commercial banking. Its growth has taken place alongside the development of the island’s financial markets, says…
Korean linker volumes soar after introduction of deflation floors
The resumption of issuance of government linkers, which now include deflation floors, should aid the development of inflation derivatives in South Korea
ICBC’s Wang warns on eurozone debt contagion and Chinese property fears
In a contribution to Asia Risk’s 15th anniversary edition, Wang Lili, executive director and senior executive vice-president of Industrial and Commercial Bank of China, cites the European sovereign debt crisis as a key risk management challenge for…
Market abuse is a bigger risk than financial short-selling
Effort by regulators to ban naked short-selling on financial stocks is misplaced, as market abuse from short-selling on small cap stocks based on insider information is a more real problem, says Lombard Odier's hedge fund arm
Asian traders lukewarm to renminbi despite US dollar-depeg
Asian exporters and importers are waiting to see more investment and hedging instruments for offshore renminbi before adopting the currency for trading
Market prepares for rising RMB
Swap rates and NDFs show traders expect the Chinese currency to rise after the weekend saw the end of its dollar peg
‘Moment of truth’ for the euro, says former BoE deputy governor
John Gieve says eurozone countries are showing the political will to ensure the currency block stays intact and expresses his support for the UK's new 'twin peaks' regulatory framework
Korea moves to restrict FX derivatives leverage
Bank of Korea and Ministry of Strategy and Finance cut back leverage caps and limit corporate hedging of currency risks to 100% from 125% of exposure
QFII investors may get access to exchange futures in China
SHFE considering allowing foreign institutional investors access to commodities futures contracts through QFII scheme