Jump-start for G26

Just when it looked like the Group of 26’s proposals for bond market reform were withering in the new-issues drought, a number of major investors in Germany announced theirintentions to band together to push similar claims. Hardeep Dhillon reports

Key points • BVI, a body representing German asset managers, is producing its own proposals for improving market standards.
• Group covers 18 of Germany’s largest asset managers.
• Proposals very similar to those put forward by Group of 26: more emphasis on financial disclosure and less on covenant protection.
• Similar proposals are being worked on by other asset management associations in Europe, including

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