Features

To most people the idea of infrastructure investment denotes visions of water systems, highways and bridges, and basic general services usually relegated to municipal authorities. Recently, however, at the Canadian Council for Public Private Partnerships Conference in Toronto, a new model for infrastructure was discussed – that of the “intelligent city.”

Cash is still king, and unlocking trapped cash or investing it for higher yield remains one of the major preoccupations of most corporate treasurers.

AFP EXCLUSIVE<br /> Companies across the world continue to hoard cash though their reasons for doing so are gradually changing as market confidence grows and counterparty risk slowly falls from its financial crisis peak.

Emerging Markets<br /> Corporate bond markets denominated in domestic currencies are developing rapidly in many emerging markets, enabling local companies to issue debt without having to worry about repaying it in revalued dollars.