Deal of the Year 2012

After several years of stop-start issuance, equity capital markets (ECM) are showing clearer signs of recovery. Yet the reopening is not indiscriminate. Investors remain selective, valuation discipline is back, and the most successful issuers are those who arrive with scale, a credible growth story and a clear understanding of where — and how — to access...

By Rajat Agarwal, Asia Equity Strategist at Societe Generale.

Institutional investors can now benefit from long-term capital appreciation, particularly during periods of market stress.