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The investment case for Africa has never been more compelling. But while global investment banks are keen to invest, the opportunities for them to put boots on the ground are limited.
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May 2012
The MSCI Emerging Markets index notched a 17% gain earlier this year, before nose-diving in March as worries surrounding a Greek exit from the eurozone sent global markets into a tailspin. But the jury is out on whether the asset class can outperform if markets take another leg down.
May 2012
Thanks to international expansion and infrastructure investment, revenue growth prospects at JPMorgan's Treasury and Security Services unit are bright, said Nomura analysts.
May 2012
The eurozone crisis, global bank deleveraging risks and the need for a financial safety net: Asian policymakers and financiers had much to mull over at the Asian Development Bank annual meeting last week
May 2012
With primary Asian equity markets quiescent so far this year, ECM bankers are hopeful that the well-supported IPO expected from Haitong Securities will spark off an issuance revival.
May 2012
Five years ago, corporates began to expand, setting up manufacturing facilities and offices at home and around the world. As those companies buy fixed assets and trading companies across multiple markets, they need a way of linking that local entity to their group head offices back home in each of these territories.
May 2012
Chinese broker’s Hong Kong listing fails to revitalize the market.
May 2012
Offshore renminbi now $2.7 billion-a-day market; One hub for each time zone likely
May 2012
HSBC launch demonstrates UK appeal; Deal criticized as PR exercise
May 2012
May 2012
China leads the pack; Apac firms seek expertise, R&D
May 2012
Finance executives cheered plans by Beijing, Tokyo and Seoul to buy each other’s bonds as another possible step towards internationalizing China’s currency
May 2012
Financial officials expressed optimism this week over Asia’s growth prospects amid concerns over the appropriate path of policy
May 2012
Resolving global trade imbalances is the key to avoiding a fresh economic crisis, experts said this week
April 2012
The prospective development shines a light on the growing role for third-party western asset managers to oversee a slice of China’s foreign exchange reserves
More Asia stories
May 2012
May 2012
As the markets digest the impact of the eurozone woes on eastern Europe, here's a round-up on the region's debt, banking and capital market challenges.
May 2012
Poland's debt-management official waxes lyrical in an interview with Euromoney about how the country is riding out the eurozone storm, and the sovereign's debt issuance plans
May 2012
Central and eastern European governments have exploited the flattering contrast between their headline debt numbers and those of western Europe to achieve ever lower funding costs. But there is still much work to be done to ensure the sustainability of debt levels.
May 2012
Government promises fiscal consolidation; Recapitalization of NLB looms
May 2012
According to one foreign survey, Bulgaria has the most business-friendly environment on the continent. However, it is burdened by stagnant capital markets and a reliance on the debilitated economies of western Europe.
May 2012
May 2012
Kuwaiti lender pays $355 million for Eurobank Tekfen; Greek seller bolsters capital levels
May 2012
With lending booming again, Russia’s banks need recapitalizing. Ironically, partial privatization of state-owned financial institutions may be crowding out much-needed stock offerings by private-sector lenders and smaller banks.
May 2012
Figures from Dealogic suggest that bankers covering EEMEA should not get carried away with the realities of the Middle East and Africa.
May 2012
Russia’s state-owned bank is forging ahead with market-share gains in Kazakhstan as local competitors fail to make a comeback from the financial crisis. And Sberbank’s success seems to presage a broader Russian resurgence that might counter Chinese influence.
April 2012
Opposition from domestic regulators suggests the July target to fully liberalize Russia’s domestic bond market for foreign investors is unlikely to be met, said analysts.
May 2012
May 2012
Russian companies had a strong showing in Euromoney’s 2012 survey of best-managed companies in central and eastern Europe, and the big winners offer an insight into two different routes to success.
April 2012
Despite the eurozone volatility, frontier market bonds could outperform emerging market sovereign credit in hard currency, Exotix, a frontier market boutique, has argued.
April 2012
As Bulgaria struggles with its reliance on investment from the foundering economies of the eurozone and its own torpid capital markets, does the government have the firepower to combat the storm?
April 2012
Hungary is unlikely to issue in cross-border markets before a deal with the IMF is concluded, the country's economy has said, while striking an upbeat note over negotiations with the policy lender.
More Central and Eastern Europe stories
May 2012
The first tax-exempt domestic infrastructure bond has been issued in Brazil. Concessionária Rodovias do Tietê, a toll road operator, has issued R$650 million in 12-year debt.
May 2012
Deal part of liability management exercise; Pemex pioneers LatAm Aussie dollar market
May 2012
Bank becomes Brazil’s 16th-largest company; Problems persist with smaller deals
May 2012
BTG Pactual’s IPO offered lessons to other Brazilian issuers about pricing discipline, and to other partnership banks about ownership structures.
May 2012
April 2012
With Brazil's central bank cutting interest rates, research from BAML shows that Alexandre Tombini may be right to be more concerned about growth than inflation.
May 2012
Upgrade will have limited impact; Argentine YPF coup is troubling move
April 2012
Despite the eurozone volatility, frontier market bonds could outperform emerging market sovereign credit in hard currency, Exotix, a frontier market boutique, has argued.
April 2012
The push to re-nationalize YPF represents one of the more dramatic shocks to confront foreign investors
More Latin America stories
May 2012
Investor sentiment is changing: investors are examining individual stocks and sectors with the greatest potential for growth rather than specific countries. Research houses that focus on the continent are finding their services are in demand.
May 2012
The investment case for Africa has never been more compelling. But while global investment banks are keen to invest, the opportunities for them to put boots on the ground are limited.
May 2012
Saudi Arabia’s new economy minister, the former central bank governor Mohammed Al Jasser, says rapid change is under way in his country. But is the reformist energy sparked by the Arab Spring already flagging?
May 2012
Figures from Dealogic suggest that bankers covering EEMEA should not get carried away with the realities of the Middle East and Africa.
May 2012
CEO claims “no pressure” to sell assets; Dubai Group next in line
May 2012
Ennahda government hit by new protests; Qatar lends $500 million via bond issuance
May 2012
Inclusion might trigger $8.8 billion inflows; Becomes first sub-Saharan entry
April 2012
South Africa's likely inclusion in Citi’s benchmark World Government Bond Index could trigger $8.8 billion of inflows from index-trackers alone, say analysts. But it's a different story elsewhere in the continent
April 2012
Egyptian markets are poised on a knife edge as negotations between Egypt and the IMF intensify.
More Middle East and Africa stories
May 2012
Greece's collapse in our proprietary political risk scoring is without historic precedent; the country is now rated below Venezuela, Belize and Papua New Guinea.
April 2012
The eurozone enjoys its strongest quarter since March 2010 in the latest results of Euromoney’s country risk survey, as European policymakers finally come to grips with the crisis. But lower scores for Greece and France suggest Europe is not out of the woods yet. Andrew Mortimer reports
February 2012
Government surplus and offshore mineral wealth protect Norway from external shocks, but cracks are beginning to appear in Scandinavia’s foremost economic miracle
February 2012
Data from Euromoney Country Risk (ECR) shows the extent of the UK’s economic deterioration and the time-lag between the appearance of vulnerabilities in the eurozone’s core economies and the actions taken by the rating agency.
January 2012
Country risk scores deteriorate across the eurozone
January 2012
The outlook for political risk in Africa this year remains elevated, despite the recent trend towards fair and free elections on the continent.
January 2012
Two economists give their view on whether the UK is more deserving of a downgrade than France, as part of a special snapshot from Euromoney Country Risk.
January 2012
In December, North Korean officials announced the passing of Supreme Leader Kim Jong-il, supposedly from a heart attack. Not too surprisingly, Pyongyang swiftly heralded Kim’s youngest son Kim Jong-un as the new head of state along with the title “Great Successor”…
December 2011
Experts lower one-party state’s country risk score after sudden death of Kim Jong-il
December 2011
Economists score the UK lower for country risk than France, Germany, Austria, Luxembourg, the Netherlands and Finland
More Euromoney Country Risk stories
