Capital Markets – a Source of Patient Capital for Business Expansion and Debt Refinancing
Keith Kalyegira, Chief Executive Officer, Capital Markets Authority (CMA)
By Keith Kalyegira
I have said at various fora that
there is a lot more capital looking for investments across the world, relative
to the pipeline of investment opportunities. The Organization for Economic Cooperation
and Development (OECD) estimates this at USD 44 trillion, 66% of which is comprised
of pension fund assets. Of the USD 44 trillion, over USD 15 trillion is earning
negative yields
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