All articles by Caroline Hay – Page 9
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Features
Politics holds Russian key
Although many investors are quite enthusiastic about emerging markets and emerging market bonds, Russia might not be especially high on the list of desirable destinations for investor money. The default crisis of 1998 left many investors stranded and nursing huge losses and is still clear in the memory of many ...
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Features
Growth at risk
New highs for oil prices, the latest report on the (non-) existence of Saddam Hussein’s weapons of mass destruction, hurricanes, terrorist bombs, and G7 meetings, and the usual slew of economic data that keeps on coming – all in all just another average couple of weeks for world watchers. Capital ...
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Features
Explosive growth of credit products
There has been such rapid growth in the market of credit derivatives, it is surely an area that investors are looking at, if not already investing in. The market for these products began in earnest in the mid-1990s. Less than one decade later, it is expected to exceed $4trn (E6trn) ...
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Features
Not short on uncertainty
Now that we know who’s to be running against George W Bush in November’s US elections, that’s one less political uncertainty to have to factor in. There are, however, plenty of outstanding uncertainties to worry investors across the world. For fixed income investors, one of the key issues seems to ...
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Features
Japan's economy - turning a corner again
It is 15 years since Japan’s bubble burst and several nascent recoveries have fizzled out along the way and the economy has repeatedly dipped back onto recession. This time, however, things may at last be different. Growth surprises have, unusually for Japan, been to the upside and the GDP report ...
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Features
Securitisation powers on
Securitisation may be one of the newer forms of debt financing in the capital markets across the world but it is certainly one of the fastest growing across the world. The most mature and developed of the markets, in the US is only a couple of decades old but it ...
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Features
When things become ugly
Although individual days, hours or indeed minutes may be quite exciting, there’s an uneasy calm about bond markets at the moment. “There’s very, very little activity just now; we’re all in ‘Wait and see’ mode,” says Pictet’s Christel Rendu de Lint. Waiting to see the Federal Reserve move interest rates, ...
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Features
Dutch pension reforms
As well as trying to mind-read Central Bankers, poring over economic statistics and keeping a keen watch on world events, investors also need to be more than up-to-date with all sorts of rules and regulations, dull though they may be. In a recent piece of careful and thorough research from ...
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Features
Spectre of 1994 rides again
Is the ghost of 1994 set to spook the markets 10 years further on? Interest rates are very low, for some bond markets they’ve never been lower, and the last time the Central Banks were in anything like tightening mode is but a distant memory. But 2004 feels different in ...
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Features
Where the dollar takes us
As is customary, end-of–year preparations have deterred many investors from actively participating in bond markets, so trading volumes have shrunk and trading ranges have narrowed. Foreign exchange markets, on the other hand, have been moving in to distinctly new territories. The US dollar has continued its downward trajectory, as the ...
