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Sarasin CIO sees opportunity amid crisis

February 24, 2009  

From Richard Morrow

Burkhard Varnholt predicts that the worst of the global financial crisis will be over by the end of the year and highlights some appealing investment opportunities, including Chinese A-shares, convertible bonds and Asian currencies. He also sees companies from the power, food and water sectors as potential stock picks.

The worst of the global financial crisis will be over before the end of this year and investors should look to take advantage of some of the biggest investment opportunities in a generation, says Bank Sarasin’s chief investment officer Burkhard...


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OFFSHORE RENMINBI DCM

Rank Bookrunner Value ($m) No. %Share
1 HSBC 2,717 31 19.6
2 Standard Chartered Bank 1,889 26 13.6
3 Bank of China Ltd 1,561 17 11.2
4 Deutsche Bank 893 13 6.4
5 Industrial & Commercial Bank of China - ICBC 827 12 6.0
6 Agricultural Bank of China Ltd 607 7 4.4
7 Goldman Sachs 570 8 4.1
8 Citi 569 8 4.1
9 China International Capital Corp Ltd 461 5 3.3
10 DBS 442 9 3.2
Subtotal 10,534 72 75.9
Total 13,886 81 100.0

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