Search results for

The eagerly awaited opening up of mainland China to Reits investment continues to hang fire but the market is hot elsewhere in the region, with retail and institutional investors piling into new issues. Some in the market, though, reckon that investors often have over-inflated expectations of Reits’ returns and a poor grasp of the complexities of the deals. Chris Wright reports.

The Kazakh bank has embraced new currencies and structures.

Financiers in the Caribbean are planning to establish a region-wide capital markets exchange to create a financial hub with critical mass.

Lebanon puts itself back at the hub

Funds are circumventing anti-concentration regulations with single-stock futures.

Wondering why everyone in global capital markets is thinking China these days? Look no further than PricewaterhouseCoopers’ Greater China IPO Watch. According to the accountants, the average deal size from the Greater China region (including mainland China, Hong Kong and Taiwan) was $260 million in 2005, an increase of more than 200%. For the first time, it exceeded that of the US ($170 million) and Europe ($100 million).

NAIC’s SVO brings further woe to the hybrids industry; the US market looks less viable than it once did.

Troubled emerging markets companies could soon benefit from the development of sophisticated bespoke deals aimed at increasing investor confidence.

Full poll results

After years of unfulfilled promise, there is the whiff of optimism in Indonesia as government tackles tangled economic and political challenges. Euromoney spoke to Indonesia’s finance minister, Sri Mulyani Indrawati, about problems, progress and promise. Chris Leahy reports.

The National Bank of Slovakia is likely to consider a 50 basis point rate increase this month as the koruna’s failure to appreciate in recent months drives inflation, according to analysts at Deutsche Bank. The Slovak Republic enjoyed an acceleration of real GDP growth to 6% in 2005, and the central bank felt confident enough to issue a target inflation rate of below 2% by 2007. But the currency’s disappointing performance has led to higher than expected inflation this year, and the strong suspicion that the NBS will buy crowns if further tightening doesn’t prevent further depreciation.

Too much of a good thing can be harmful, and so it is proving with Asia’s fledgling real estate investment trust sector. Given Asian markets’ passion for property, Reits were always going to be popular. Now one of the latest offerings suggests that investors are becoming more discerning.