Rena Kwok (郭术甯), CFA
Fixed Income Research | Financials | Credit | Motivational Writer
Singapore
9K followers
500+ connections
About
I always invest in learning as it builds credibility and aptitude for personal growth. My inquisitiveness and open-minded attitude are displayed throughout my career as I develop myself as a holistic fixed income analyst to provide research insights to stakeholders on a risk-return level. My experience spans across regulatory, front-line corporate lending and investment aspects of credit. Under regulatory aspect of credit, I have knowledge in Basel Risk analytics and RWA analysis where I provide strategies to senior management for the bank’s balance sheet management. I am also experienced in front-line corporate lending where I leverage on my industry expertise to structure profitable credit proposals for the bank. And, I am proficient in data analytics to synthesize key findings in my bond research reports and translate them into actionable investment strategies for investors. Apart from my professional work, I am a motivational writer to share my positive thoughts in life and a fitness enthusiast.
Community: Bloomberg BPROUD Singapore Steering Committee, Bloomberg Women Community Singapore
Bloomberg Analyst Profile: BIO RENA KWOK <GO> (Bloomberg Terminal)
Bloomberg Intelligence Asian Financials Dashboard: BI BANKA <GO> (Bloomberg Terminal)
For poems and motivational penned thoughts: https://www.wattpad.com/user/renakwok
Articles by Rena Kwok
Activity
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Argentina USD debt goes from distressed to slightly less distressed as US cash rushes in
Argentina USD debt goes from distressed to slightly less distressed as US cash rushes in
Liked by Rena Kwok (郭术甯), CFA
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See you guys at XII Cbonds Fixed Income Conference in Dubai (November 13). I will be talking about local currency bond opportunities in…
See you guys at XII Cbonds Fixed Income Conference in Dubai (November 13). I will be talking about local currency bond opportunities in…
Liked by Rena Kwok (郭术甯), CFA
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Excited to once again ride the coat tails of a great one in Jayne Bok! See you in Singapore for a special seminal report drop.
Excited to once again ride the coat tails of a great one in Jayne Bok! See you in Singapore for a special seminal report drop.
Liked by Rena Kwok (郭术甯), CFA
Experience
Education
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Nanyang Business School
Bachelor’s Degree Business Administration | Major in Banking and Finance (Second Upper Class Honors)
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Activities and Societies: | Nanyang Business School Exchange Club (NBSEC) | Banking and Finance Club (BAFC)
•Public Relations Director of NBSEC and BAFC club
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Catholic Junior College
Post Tertiary Science Stream
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Activities and Societies: CJC Fencing Club - A Div School Team | Class Welfare and Publicity Committee
•Represented the school in 4th National Inter-School Fencing Championships 2009 - A Divisions Team (Champion)
•Represented the school in overseas fencing competition – ‘Selangor Open’
•Awarded for Principal's Honor Roll (Chemistry - Mid Year Examination 2009) -
Gan Eng Seng School
Secondary
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Activities and Societies: GESS Military Band
•Achieved Merit Gold Award in 2006 and 2007 consecutively
•Performed in Singapore Youth Festival Opening Ceremony (Outdoor Events)
Licenses & Certifications
Skills
Publications
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Private Premium In Public Bonds
Our paper aims to investigate and gain insights of the presence of private premium in firms. We first determine whether holding a private status leads to more illiquidity. Thereafter, we compare the private premium differences between US and Non-US firms. We further explore whether high yield bonds or investment grade bonds are the drivers behind the presence of private premium in firms. An additional investigation of the private premium difference between developed and non-developed markets is…
Our paper aims to investigate and gain insights of the presence of private premium in firms. We first determine whether holding a private status leads to more illiquidity. Thereafter, we compare the private premium differences between US and Non-US firms. We further explore whether high yield bonds or investment grade bonds are the drivers behind the presence of private premium in firms. An additional investigation of the private premium difference between developed and non-developed markets is carried out. We use information on a complete sample of 77,054 private firms companies from 2002 to 2010, which we have collected firm-specific information and matched bond information obtained with Capital IQ. We also use data on monthly bond yield spreads, which comes from Bank of America-Merrill Lynch Corporate Master Index Compositions. We determine that bearing a private status will increase the illiquidity of bonds issued by the US firms, even after controlling for crisis dummy variable. We document that there is a presence of private premium in Non-US firms, and conclude that private premium in Non-US firms is consistently lower than that of US firms. We address this finding through analysing the inclusion of Investment Grade variable, and conclude that the difference in private premium is largely due to the differing market power of credit rating agencies in US and Non-US countries. Lastly, we note that the private premium incurred by the firms from the non-developed countries is very much higher than that of the firms from the developed countries.
Languages
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English
Native or bilingual proficiency
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Chinese
Native or bilingual proficiency
Organizations
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UOB Toastmasters Club
Founding Executive Committee
-Founding Executive Committee, UOB Toastmaster International Club
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ActiveSG (Sports Singapore)
Pro-bono Fitness Editor
-Pro-bono Fitness Editor, Sports Singapore, ActiveSG organization
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Join now to viewMore activity by Rena Kwok
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The Asia Centric podcast went on the road for a special live recording featuring Matthew Michelini, head of Asia-Pacific business for Apollo Global…
The Asia Centric podcast went on the road for a special live recording featuring Matthew Michelini, head of Asia-Pacific business for Apollo Global…
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Bloomberg Intelligence Our new BI Tokyo homebuying survey indicates that Tokyo's residential market is showing signs of worsening affordability…
Bloomberg Intelligence Our new BI Tokyo homebuying survey indicates that Tokyo's residential market is showing signs of worsening affordability…
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Weekend well spent at the Global Sources Summit in #HongKong. Honored to speak at the Consumer #AI Gadget Conference: The Next Trillion on how…
Weekend well spent at the Global Sources Summit in #HongKong. Honored to speak at the Consumer #AI Gadget Conference: The Next Trillion on how…
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RBI's Rule Shift Gives Indian Banks Flexibility on Offshore AT1s Regulations are reshaping India’s financial sector. That's why I am back on this…
RBI's Rule Shift Gives Indian Banks Flexibility on Offshore AT1s Regulations are reshaping India’s financial sector. That's why I am back on this…
Shared by Rena Kwok (郭术甯), CFA
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Bloomberg Intelligence is seeking an experienced equity analyst for a fast expanding opportunity to cover digital assets companies. Please apply…
Bloomberg Intelligence is seeking an experienced equity analyst for a fast expanding opportunity to cover digital assets companies. Please apply…
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🌍 Honored to speak at the SMM AICE Aluminum 2025 Conference in Henan! It was a pleasure to share my perspectives on bauxite mining alongside…
🌍 Honored to speak at the SMM AICE Aluminum 2025 Conference in Henan! It was a pleasure to share my perspectives on bauxite mining alongside…
Liked by Rena Kwok (郭术甯), CFA
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The Bloomberg US Corporate Bond Index peaked at 3,575.82 on September 22, 2021. Anticipated and realized monetary policy tightening made for a steep…
The Bloomberg US Corporate Bond Index peaked at 3,575.82 on September 22, 2021. Anticipated and realized monetary policy tightening made for a steep…
Liked by Rena Kwok (郭术甯), CFA
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A chance to win a scholarship to take CFA Institute Private Market and Alternative Investment Certification at the AIMA APAC Annual Forum held in…
A chance to win a scholarship to take CFA Institute Private Market and Alternative Investment Certification at the AIMA APAC Annual Forum held in…
Liked by Rena Kwok (郭术甯), CFA
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It was a pleasure to present in the event jointly organized by Applyby, DBS and COPFA in Shanghai. It was the first time I shared BI Asia Strategy's…
It was a pleasure to present in the event jointly organized by Applyby, DBS and COPFA in Shanghai. It was the first time I shared BI Asia Strategy's…
Liked by Rena Kwok (郭术甯), CFA
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$600B China Bank Revenue Rebound Stymied by Higher Credit Costs in 2026 Combined revenue at ICBC and other China banks BI covers is set to expand by…
$600B China Bank Revenue Rebound Stymied by Higher Credit Costs in 2026 Combined revenue at ICBC and other China banks BI covers is set to expand by…
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A large land acquisition in Shanghai by COLI, China Merchant Shekou, and China Tourism Group, at a record-high price of 44 billion yuan, may reflect…
A large land acquisition in Shanghai by COLI, China Merchant Shekou, and China Tourism Group, at a record-high price of 44 billion yuan, may reflect…
Liked by Rena Kwok (郭术甯), CFA
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wonderful time at #barnesartball👠 at 🖼 Barnes Foundation🎨, courtesy of Bloomberg Bloomberg Philanthropies. the #rousseau🐅 exhibit is…
wonderful time at #barnesartball👠 at 🖼 Barnes Foundation🎨, courtesy of Bloomberg Bloomberg Philanthropies. the #rousseau🐅 exhibit is…
Liked by Rena Kwok (郭术甯), CFA
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❤️🩹join me in finding a 🔬cure🧫 for all blood cancers🩸
❤️🩹join me in finding a 🔬cure🧫 for all blood cancers🩸
Liked by Rena Kwok (郭术甯), CFA
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