Equity markets

The plight of permanent capital

Permanent capital vehicles have been touted as a solution for alternative asset managers seeking stable long-term financing. However, the market has all but closed to new business, prompting deal sponsors to rethink the way these vehicles are structured…

Barclays launches new offshore deposit range

Barclays has launched two new structured deposits offering exposure to three equity and two property indexes. The Guaranteed Minimum Return Equity Account has a three-year term and the Guaranteed Equity Deposit Account has a five-year term.

FTSE and JSE launch dividend index

FTSE and the Johannesburg Securities Exchange (JSE) have launched a tradable index. The FTSE/JSE Dividend Index takes companies from the FTSE/JSE Top 40 Index and FTSE/JSE Mid Cap Index, excluding real estate companies, and ranks them by their one-year…

Credit Spreads: the new horizon

Despite recent volatility in global markets and the prospect of a rising default rate, spreads in corporate debt - particularly high yield - remain tight. Credit talks to four market participants to find out where they see performance for the rest of 2006

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