IFR Asia Asian Development Bank Roundtable 2017: Mobilising Asian investors for sustainable development
IFR’s annual ADB roundtable, held as part of the Asian Development Bank’s annual meetings hosted this year by Yokohama, took place at a significant moment. This year marked not just the 20th anniversary of the Asian financial crisis but more importantly perhaps the 50th anniversary of the founding of the Asian Development Bank.
IFR Asia Asian Development Bank Roundtable 2017: Roundtable participants
Welcome to this IFR seminar, entitled “Mobilising Asian Investors for Sustainable Development”. One of the central themes of the 2017 ADB meetings in Yokohama is infrastructure. In this session, I wanted to go beyond restating the vast sums of money needed and discuss if and to what extent the infrastructure funding gap can be closed by capital markets, which is a key assumption among policymakers.
Keith Mullin, KM Capital Markets: At the sharp end of creating instruments, securities structures that meet the need, I am a little sceptical about the preparedness of bond investors to rise to the challenge and take up the slack in infrastructure financing. You’re very close to the market, Alexi. Is my scepticism warranted?