S&P : Bond Upgrade Potential In Emerging And Developed Markets, Including The U.S. And Europe: The Total Increases For The Sixth Consecutive Month

The number of entities poised for upgrades has increased for the sixth consecutive month, rising to 295 as of May 30, 2014, from 278 a month earlier. The gap between the potential upgrades and potential downgrades narrowed in May because the number of potential downgrades declined significantly, to 502 from 530, while the number of potential upgrades increased to 295 from 278. Moreover, the forest products and building materials, transportation, and homebuilders and real estate companies sectors all show higher upgrade potential than they have historically. We define potential upgrades as issuers that Standard & Poor’s Ratings Services rates ‘AA+’ to ‘B-‘ with either positive rating outlooks or ratings on CreditWatch with positive implications. We closely monitor potential upgrades as these companies are the most likely to be upgraded in the short-to-medium term, and their aggregate number points to the direction of potential rating changes. Ongoing surveillance of these issuers can be valuable to investors in their sector credit allocation process.

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About AIWMI

The Association of International Wealth Management of India (AIWMI) is a not-for-profit organization and a globally recognized membership association for finance professionals. AIWMI primarily focuses on the broad and strategic role of developing a more robust and forward-looking training infrastructure for the financial services sector and to promote more active industry involvement and collaboration in training and continuing education. AIWMI is offering advanced international certification programs along with a wide variety of high-quality executive education programs. AIWMI programs combine state-of-the-art knowledge and skills with practical experience and insights into the functioning of the financial sector. All AIWMI courses and educational events have an intense and pragmatic curriculum. Participants are exposed to the latest developments within the financial services sector. AIWMI plays a key role in guiding the development of the financial services sector. AIWMI works with key industry participants’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. Besides enhancing technical competence and professionalism in the industry, AIWMI organizes events and facilitates discussions to promote best practices in leadership and talent development in the financial sector with an aim to become Asia’s premier center of excellence for financial education.

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