Dragon Capital says Vietnam Asset Management Co could open up distressed bank debt opportunities in the country, but Fitch Ratings is less convinced.
Tag : fitch
Fitch warns that market volatility could undermine asset investment, in turn creating systemic risks in TaiwanÆs life insurance sector.
The rating agency has highlighted the financial condition of asset managers amid the current difficult operating environment.
The former Fidelity exec will now head up Fitch Asia-Pacific from Hong Kong.
The downgrade has been triggered by the impact of the credit crisis on Societe Generale Asset Management Alternative Investments' CDO business, senior management turnover, and the impending merger with Lyxor.
Credit analysis in China must factor in weak corporate governance and poor transparency, says Fitch Ratings.
For the first six months of the year, foreign net selling in Asian equity markets totalled $13.7 billion, the worst in seven years.
Transfers internally from London to head the ratings agency''s Asia-Pacific structured credit team.
Wit Solberg appointed head of non-Japan Asia structured finance, replacing Ben McCarthy, who takes on a new REITs role.
A new head for Fitch Ratings Asia-Pacific.
A small market and control issues lead to a consensual break-up.
Relocates from New York to form Asian public finance/project finance ratings group.