| IFR

IFR IMF/World Bank Roundtable 2017

The IMF/World Bank annual meetings this year provided an ideal backdrop for a discussion on the internationalisation of Asia’s capital markets.

To purchase printed copies or a PDF of this report, please email leonie.welss@lseg.com and shahid.hamid@lseg.com

IFR IMF/World Bank Roundtable 2017: Participants

Arnab Das Invesco Arnab Das is head of emerging markets macro research at Invesco Fixed Income. He joined Invesco in 2015, and previously held senior research positions at Roubini Global Economics, Dresdner Kleinwort and JP Morgan. He has also been a private consultant in global and emerging markets, as well as consulting with Trusted Sources, a specialist EM research boutique in London. He has a degree from Princeton University and a doctorate from London School of Economics, and is based in London. Alexi Chan HSBC Alexi Chan is the global co...

IFR IMF/World Bank Roundtable 2017: Part 1

IFR Asia: Welcome to the IFR roundtable. We have for you a discussion on the internationalisation of the Asian capital markets, and a wide range of views represented on the panel. The first question to kick things off is why are we here to talk about Asia? In my mind, it’s because of a few recent major developments in Asia’s biggest capital markets, China and India, but I’m going to ask Alexi for your view on how significant the Asian emerging markets are and what internationalisation really means. ALEXI CHAN, HSBC: Thank you, Steve, and...

IFR IMF /World Bank Roundtable 2017: Part 2

IFR Asia: Alexi, maybe this is a question for you. How do you get around some of the investor concerns when you want to encourage people to go to the international markets? ALEXI CHAN, HSBC: Yes, I think there are some very interesting issues around the challenges of developing these local markets. What’s very important for international issuers, underwriters and investors, first of all, is the consistency of the regulatory and government framework behind these markets. It clearly can be challenging if there are different views on withholding...

IFR IMF/World Bank Roundtable 2017: Part 3

IFR Asia: Let’s maybe try and take a few questions from the audience, if we can. AUDIENCE: I’m Barbara Stallings from Brown University. This panel was obviously set up to talk about debt markets, but capital markets do include equity markets. With two possible exceptions, Mr Das and Mr Sternberg with casual mentions of the Indian equity markets, nothing. I wonder if anyone could say anything about the equity markets in Asia and how they link to corporate bond markets in the region? Thank you. MONISH MAHURKAR, IFC: I think, partly, the reason...