Low interest rates and stagnant equity markets have seen an increasing number of equity portfolios using derivatives to boost yield. Michael Marray looks at the changes in this field, as the trading of volatility as an asset class increases in popularity.
Latest articles from Capital Mkts
Argentina has a less than stellar reputation when it comes to economic stability, but a significant ruling in a New York courtroom opened the way for a bond issue that defied expectations in both speed and yield. Offering a guiding hand on the deal was JPMorgan.
Riccardo Orcel, the head of global banking at VTB Capital, speaks to Stefanie Linhardt about cultivating the bank’s domestic Russian operation and taking an idiosyncratic approach to growing business in global markets.
Filipino banks continue to be some of the healthiest lenders in Asia. Now, record volumes in equity and debt capital markets offer a further source of growth in one of the strongest banking sectors in the region. Stefania Palma reports.
The bond market endured a miserable start to 2016, with January dead and February not much better. However, things sparked into life with the record-breaking Anheuser-Busch InBev euro-denominated bond. Edward Russell-Walling speaks to the BNP Paribas team that helped bring the deal to fruition.
Negotiating through dangerous territory in the restructuring of Ukrainian sovereign debt, PJT Partners' EMEA restructuring team opted to utilise a value recovery instrument in a novel way, to the satisfaction of parties on either side of the deal.
Having shed two of its assets – the exchanges of Budapest and Ljubljana – the CEE Stock Exchange Group, with owner Vienna Stock Exchange at the helm, is steering a new strategic course. Its aim, as Stefanie Linhardt reports, is to become a leading service provider for central and eastern Europe's exchanges.
Portugal's economy has endured a torrid few years and this has been reflected in its activity in the capital markets. However, the past 12 months have seen reasons for optimism, with the benchmark 10-year debt yield dropping significantly from an all-time high in 2012 and economists cautiously welcoming the new government's financial policies.