Have there been any prevalent trends this year in fixed income research
I deal more with the corporate side, rather than the currency and the sovereign aspect. On the corporate side, we have clearly seen more coverage of distressed and restructured credits. Last year, you had just one or two houses that focused on restructuring or distressed stories, but now there is much more value-added research around in that area.
Has the quality of credit research in Asia improved since the crisis
Its changed. I'm not exactly sure it has improved, to be honest. Credit research is basically held hostage by the amount, and quality, of data that is available. So it is almost a...
