Standard & Poor’s downgrading of America’s credit rating to AA+ will force Asian investors not only to rethink portfolios, but the entire logic underpinning their demand for US dollar assets.
Tag : credit rating
Bond fund managers in the US debate which sectors of the market will be affected if the country suffers a credit downgrade – and which could prosper.
Lehman appoints Yen in an effort to further strengthen its Asian investment banking franchise.