The UK bank’s shutdown of its equity derivative and convertible bond divisions seems unlikely to have major implications for the investment industry.
Tag : cbs
The firm's regional head of sales, Charmian Wan, says Asian institutions are looking at less traditional fixed-income plays such as convertible bonds for the first time.
With credit hard to come by and stocks looking cheap, Asian convertible bond issuance may be set to increase, says Skander Chabbi of BNP Paribas Investment Partners.
Fund management companies are increasingly eager to tap into renewed investor interest for convertible bonds in China.
The Paris-based asset manager is raising capital for the new convertible-bond fund, with an ultimate target AUM of $1 billion.
Asian CBs have proved hugely popular since March last year, which has piqued the interest of Asia-based investors, says Natalia Barazal of Lombard Odier.