Many Japanese investors are returning to the security of government bonds, despite acquiring a taste for sophisticated fixed-income products like credit derivatives and asset- and mortgage-backed securities, according to a study by Greenwich Associates. The study noted that Japanese investors have reported an increasing interest in these relatively exotic products and that trading volumes in Japanese government securities are soaring. ‘Japanese investors are dipping their toes in the water with new products, but they still prefer the safety of government products – especially considering the unprecedented volatility in the market of late,’ says Greenwich Associates consultant Tim Sangston. Greenwich’s research revealed an increase in cash bond assets under management and similar jumps in trading volumes of overall cash bonds and Japanese government securities. The report found that more Japanese investors are using credit derivatives, ABS and MBS, although trading volumes in these products remain small.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.