Using risk strategies to enhance performance

Prospects for the global economy remain unclear. Despite a positive response to stabilisation measures introduced by G20 governments, the challenge now is how to exit from the enormous stimulus packages while maintaining recovery

Global equity and corporate credit markets responded positively in 2009 to the unprecedented stimulus and stabilisation measures introduced by the major G20 governments since late-2008. Capital market issuance was strong in 2009 with Global DCM issuance of $4,994.0bn (at 14 December) versus $3,885.4bn (FY 2008) and Global ECM of $653.0bn (at 14 December) versus $549.8bn (FY 2008) (source: Thomson Reuters). That said, the prospects for the global economy remain unclear and a fresh wave of financial unrest could jeopardise recovery hopes. The major challenge facing governments in 2010 is h...