Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
GLOBAL INVESTOR 2.07 Content — 09<br />
<strong>Unlocking</strong> <strong>global</strong> <strong>value</strong><br />
Lead article<br />
10<br />
Emerging market brands on the rise<br />
We believe that several emerging market companies are on the verge of<br />
becoming larger and more powerful brands<br />
Basics<br />
19<br />
Inflation-linked bonds as an asset class<br />
Inflation-linked bonds show a solid risk/return ratio and low correlation to other<br />
asset classes, making them a valuable alternative investment asset<br />
22<br />
Emerging market domestic bonds<br />
Emerging market credits are expected to fund more than 90% of their financing<br />
needs in 2007 by increasing net domestic issuance by USD 228 billion<br />
26<br />
Globalization driving logistics<br />
Global trade volumes have surged in the last five years and logistics companies<br />
have been the main beneficiaries of this trend<br />
30<br />
Invest in superior business models<br />
Taking advantage of a robust economic environment, Swiss small and mid-cap<br />
companies have generated above average shareholder returns in recent years<br />
Enrichment<br />
33<br />
The Northwest Passage<br />
Increasing visibility on the opening up of a “Northwest Passage” could potentially<br />
have mammoth ecological, economic and political impacts<br />
38<br />
Kazakh banks on the rise<br />
Between 2000 and 2006, Kazakhstan’s real GDP rose by 10% on average,<br />
makin g the country one of the fastest-growing economies worldwide<br />
Switching<br />
43<br />
One network for everything<br />
Full-scale digitalization of telecommunications networks and faster data rates are<br />
profoundly changing the environment in which telecom companies operate<br />
47<br />
Nanotech for energizing solar cells<br />
In some areas, photovoltaic technology may catch up to conventional electricity<br />
by as early as 2011, opening up enormous markets for the industry<br />
52<br />
A regulatory gift for banks<br />
MiFID is a regulatory initiative intended to open up competition and create a<br />
single pan-European financial services market<br />
Services<br />
56<br />
Thinking outside the box<br />
HOLT software is (almost) all that is needed to <strong>value</strong> almost any company: a sound<br />
and reliable valuation model and a <strong>global</strong> database of comparable data<br />
58<br />
60<br />
Authors<br />
Disclaimer<br />
Imprint
Change language