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New fund gives access to 1,353 listed companies on Shanghai and Shenzhen’s markets, compared with 118 H-share stocks and 88 red chips.

If you’re fed up with the poor performance of Asia’s equity markets recently, but still have a strong stomach for risk, consider Vietnam.

If Latin IPOs had a resurgence until a couple of months ago, so did structures that were either untried or hadn’t been used in years.

ScotiaBank, Canada’s third-largest bank, has announced its C$330 million takeover of Banco Interfin, the largest bank in Costa Rica. The two banks will merge through a public share offering, bringing ScotiaBank’s Costa Rican market share up to 13%.

Simplify, simplify, simplify. Thoreau’s mantra is good advice for rating agencies when it comes to allocating equity credit.

Equity-linked bankers are among the very few people who actually like to watch markets fall. This is because depressed equity prices and elevated volatility help to make convertible bonds a lot more attractive, especially given the rising interest rate environment.

The structured credit market has truly come of age. The correlation meltdown of 2005 spurred a new round of innovation, and shook out the weaker players. A new willingness on the part of investors to buy every part of the capital structure has encouraged the creation of a new suite of products, with more to come. However, with these new products come new risks. Now, more than ever, choosing the right manager is crucial.

A government committed to reforming Portugal’s public sector has also shown that it cares about capital markets. A recent 30-year bond issue signalled a new focus on developing the yield curve and a new covered bond law promises benefits for both issuers and investors.

When Euromoney's journalists were able to do a bit of work between World Cup matches in June, football was never far from our minds. And so it was, as we decided this year's winners of the awards for excellence, that we hit upon a related idea: if investment banks were countries in the World Cup, which would they be?

“Is that ABN Amro doing badly? I noticed they’re using a minicab firm. It’s always a sign that a bank’s in trouble when they use minicabs rather than licensed cabs”

Citigroup’s global head of fixed-income capital markets, Marwan Marshi, left the bank last month to pursue other interests. Marshi, who worked at Citigroup for 20 years, was previously co-head of credit markets alongside Chad Leat until last year when Leat was promoted and gained control of credit trading as well as credit origination and products. Citigroup is not appointing a replacement in Marshi’s role, which had become increasingly redundant. The regional heads of origination that reported to Marshi now simply report to Leat.

Efforts to launch a CMBS index in Europe have foundered, so the proponents of the product have now decided to abandon the original project and start again.