Tag: debt

Dubai World’s request to restructure its debt is likely to reshape the understanding among investors and issuers of who holds the upper hand when it comes to bond-like sukuk. Distressed specialists define their terminology and give their take on the market at the second AsianInvestor/FinanceAsia Distressed and Troubled Asset Investing Summit, held ... Domestically there are concerns about creditor protection, while overseas there is wariness towards hedge funds but more interest in private equity. Aberdeen Asset Management's head of emerging-markets fixed income explains his picks for corporate and sovereign debt. SC Lowy's business strategy will combine a broker/dealership plus a proprietary angle in Japan. Moody's Investors Service is monitoring the implications of DPJ policies on Japan's debt. ING’s Asian dollar bond team predicts a harder sell for its emerging market strategy in 2007 but continues to target riskier assets. Continuing the development of its global banking and markets business in Asia, RBS hires Paul McWilliam to help develop its primary bond franchise. The alternative fund manager finalises its Maculus hat-trick, and announces its expansion into Europe. Firm’s Japanese subsidiary names new regional head of debt market strategy and economics. ANZ hires yet another debt capital markets executive from Westpac. Pascoe returns to London and Henderson is sent out to be Asian head of debt syndicate. New responsibilities and new positions for existing ING bankers, as the bank seeks to boost its origination and acquisition finance credentials. Singapore-based Asian distressed debt manager soft-closes first tranche. The Asian Development Bank partners with Hong Kong-based distressed debt manager to promote its developmental objectives. The Singapore-based Asian Debt Fund begins marketing. Gammons and Prasad resurface from JPMorgan''s DCM exodus. ING is introducing its Luxembourg-domiciled range of funds to Hong Kong with emerging market debt the first highlight. Joonkee Hong rejoins the firm. Gary Hand joins Tokyo office to head real estate group.