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Investors in convertibles could benefit from synthetic convertible bonds being made more accessible

A new breed of fund manager is shaking up Japanese markets

Private-equity funds are uncovering new ways to invest in Africa

Hedge funds

Argentina: Dollar bond revival

Soul from Seoul wows the rest of Asia

Prime minister faces growing discontent in coalition

Venezuela's president considers buying Ecuador bond

We have the tools to develop much more coherent and flexible financial markets. But it will only happen if a spirit of openness is maintained, says Philippe Buhannic.

Inside IT | Boom time for IT vendors | Definitions:Software gets space-age | Survey results | Trading Screen: Pulling IT all together

Copenhagen is costly, but to great effect. Spend a bit, drink a bit and you'll end up enjoying a tradition of companionship, cosiness and conviviality. But Danes aren't inward-looking. They've stuck with their national currency, though many still favour regional integration.

The financial software user survey was sent to software companies' clients. Each respondent was able to rate up to three products, including those from other vendors, in every applicable functional category (six categories, and 22 sub-categories). Euromoney received 145 verified unique client responses, generating 505 different ratings. Each software product was rated on a 10-point scale for service, usability, return on investment (cost), and application programming interface (network function), together with an overall rating. Respondents were also asked for their perceived weighting for each of these areas. The average weightings were used in determining the overall grade. The scores from these five scales formed the basis for the overall score.