Global Investing

ODD MAN OUT   By Dan Keeler   One of the few frontier markets to adopt the euro, Estonia has proved to be a beacon of hope in a region of uncertainty.   Estonia is on a healthy trajectory. Economic ...

NEW OIL REFINERY TO NEARLY DOUBLE NIGERIA’S OUTPUT   By Antonio Guerrero   Aliko Dangote, head of the Dangote Group and ranked as Africa’s wealthiest man, will invest up to $8 billion to build a new oil refinery complex in his ...

A DECOUPLING IN THE WORKS   By Udayan Gupta   Intraregional investment within Asia is starting to take hold—reducing reliance on demand from developed markets.   When Essar Power, a unit of Asian energy giant Essar Energy, raised approximately $900 ...

NEWSMAKERS: KENYA   By Dan Keeler   Kenya appears set to reap a substantial investment dividend in the wake of its largely peaceful presidential election held in early March.     Kenyatta beats his rivals Analysts believe that portfolio flows and foreign ...

WORLD OF OPPORTUNITY   By Dan Keeler   In a new monthly feature, Global Finance delves deep into the opportunities in frontier markets. With youthful populations, underutilized natural resources and eagerness to join the global economic community, the world’s frontier ...

Best Derivatives Providers 2011       WORLD’S BEST BANKS : Best Foreign Exchange Providers 2012 Best Subcustodians 2012 Best Islamic Financial Institutions 2012 Best Treasury & Cash Management Providers 2012 Best Trade Finance Banks 2012 Best Investment Banks 2012 ...

DOMESTIC CONCERNS PUSH INDIAN COMPANIES TO INVEST OVERSEAS   By Aaron Chaze   Overseas direct investment by Indian companies rose to $1.95 billion in August from $1.24 billion the previous month.   Sugar futures dropping on late monsoon season According ...

By Gordon Platt   FINANCIAL ADVISER: HSBC When Abu Dhabi needed a financial adviser for its latest seawater desalination and power project, Mirfa IWPP, it selected HSBC on their longstanding relationship and the bank’s reputation, without opening the contract to competitive ...

By Gordon Platt NORTH AMERICA FINANCIAL ADVISER: Mitsubishi UFJ Financial Group MUFG led the $585 million nonrecourse financing of the Wind Energy Transmission Texas project, and structured a $387 million construction loan for the Lone Star Transmission project, a 329-mile transmission ...

CHANGING OF THE GUARD IN PROJECT FINANCE   By Gordon Platt   As public purse strings tighten, pension funds are the most promising source of long-term funding for infrastructure projects, according to an OECD report supported by Oliver Wyman.   ...

UNDERMINING THE CULT OF EQUITY   By Jonathan Gregson   As alternative investments become mainstream and returns diminish, the traditional bias toward equity investment is being challenged like never before.   Even before globalization became a major theme, big investors had ...

GROWTH AND DEVELOPMENT   By Udayan Gupta   David Wilton is chief investment officer and manager, global private equity, at theWorld Bank's IFC, with responsibility for its investment program in emerging markets funds globally. He is a member of the Pension ...

MODERNIZATION   By Justin Keay   Back in 1987 the main recipients of foreign direct investment were developed markets, plus some of Asia's miracle economies. Emerging markets barely featured. Today Russia and Poland are in the top 25 along with India, ...

WILL JAPAN REGAIN ITS GREATNESS?   By Michael Shari   Business is trying to resurrect Asia's economic miracle a year and a half after the Tohoku tragedy.   Tokyo is enjoying a long-deserved renaissance. Young professionals are converging from all ...

PRIME TARGET   By Vanessa Drucker   Portugal is being held up as a model of reform in meeting its fiscal restructuring targets, but it faces a drag on growth from financial sector deleveraging. Meanwhile, Portuguese firms have become prime ...

MILESTONES: GLOBAL   By Valentina Pasquali   Over the past few years markets have experienced declining trust in fiat money, a slow departure from the US dollar as a reserve currency and growing interest in bullion, particularly as a hedge against ...

LAND OF OPPORTUNITY   By Antonio Guerrero   A number of African markets may be on the verge of massive growth—fueled by a rising consumer class.   Given the long-standing reputation for political and economic volatility in some African markets, ...

WITH A COOL HAND   By Laurence Neville   China is taking advantage of the European crisis to make strategic investments in the Continent and encourage companies to pick up cheap assets. But the Asian nation is taking a slow ...

By Michael Shari REGIONAL AWARDS - NORTH AMERICA BEST INVESTMENT BANK Goldman Sachs Goldman Sachs has built what KBW’s Cannon calls “the powerhouse brand” on Wall Street by constantly structuring complex deals that combine its three core businesses—equity, debt and ...