Emerging & Frontier Markets Archives

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Emerging & Frontier Markets

Emerging Markets : Brazilian Mall Operator Upgrades Restricted ADRs

DR NEWS Seeking to raise its profile with international investors, BRMalls, Brazil’s largest shopping mall operator, upgraded its restricted American depositary receipt program to a Level I facility sponsored by J.P. Morgan. Rio de Janeiro-based BRMalls offers an opportunity for ...

Emerging & Frontier Markets

Emerging Markets : Instant Messaging Craze Sweeps China

COMPANY TO WATCH: TENCENT HOLDINGS/CHINA Instant messaging (IM) has become a cultural phenomenon in China. Tencent Holdings is a Hong Kong-listed company with the bulk of its assets in China, where its QQ brand controls 80% of the IM market. ...

Emerging & Frontier Markets

Emerging Markets : Investors Return To Em Bond Funds

NEWS With US treasury bonds offering paltry rates of return, investors are taking a closer look at emerging market debt as a way to pick up an additional 600 basis points or more of yield. EM bond funds ...

Banking

Features : Back To Basics

SECTOR REPORT SOVEREIGN WEALTH FUNDS A series of disastrous investments in Western banks and mounting pressure to invest locally is prompting a sea change in sovereign wealth funds’ investment attitudes. Dickinson: Some SWFs are facing pressure to diversify their ...

Award Winners

Features : Fuel For The Growth Engine Annual Report

STARS OF CHINA Over the past decade, China’s government has been working on an ambitious plan to improve the health, transparency and effectiveness of its country’s sprawling banking system. Weighed down with bad loans, mired in bureaucracy and often plagued ...

Emerging & Frontier Markets

Milestones : Emerging Markets May Face Deeper Pain

GLOBAL IMF: Expects heavy demand for funds. In the most bearish research report on emerging markets seen by Global Finance since the credit crisis began, an RBC Capital research note published on January 15 claims that most major ...

Capital Raising & Corporate Finance

Emerging Markets : $2.9 Billion EM Fund Attracts Investors

NEWS Actis, a leading private equity investor in emerging markets, has successfully raised $2.9 billion for investment in Africa, Asia and Latin America. This is one of the largest dedicated EM private equity funds closed in 2008. The ...

Emerging & Frontier Markets

Emerging Markets : ‘Bric’ Countries Represent Half Of New DrIssuers

DR NEWS Companies based in Brazil, Russia, India and China, known as the BRIC countries, accounted for 53% of new depositary receipt programs and 52% of capital raised in DR form in the first 11 months ...

Emerging & Frontier Markets

Emerging Markets : Banking Giants Push For Growth

BRAZIL Presidents Medvedev and Lula call for the first-ever BRIC summit. Eager to maintain its status as Latin America’s largest financial institution, Banco do Brasil, Brazil’s largest state-controlled bank, announced the acquisition of Nossa Caixa, a bank ...

Emerging & Frontier Markets

Emerging Markets : Business Confidence Crumbles Amid Economic Gloom

INDIA Building hope: One of the few brights spots in the Indian economy, real estate still attracts investors. Leading Indian manufacturers have dismissed the Indian government’s $4 billion stimulus package as insufficient. The Federation of Indian Chambers of ...

Emerging & Frontier Markets

Emerging Markets : Company To Watch: Unilever Indonesia

UNILEVER CLEANS UP ACT OVER PALM OIL Unilever Indonesia recently opened a factory for skin-care products in Cikarang, West Java. The factory joins seven others operated by Unilever in the country, where Lever Brothers opened a soap factory ...

Emerging & Frontier Markets

Emerging Markets : Downturn Bites Harder

<p>China Treasury secretary Paulson and Chinese president Hu vow to fight protectionism. China has increased export tax rebates and depreciated the value of the yuan relative to the US dollar in recent weeks, prompting fears that protectionist pressures ...</p>