Despite the stormy times that marked the year of 2016, the Depositary Receipts area showed a solid year. The 2016 Depositary Receipts Market Review finds strong price performance growth in emerging markets, led by Brazil and Russia.
There were many challenges throughout 2016. Among these, slow economic growth, political uncertainties and regulatory changes.
Despite such turmoil, the Depositary Receipts industry showed a solid year, proving this is a product of significant importance to the global financial markets.
In 2016, BNY Mellon set up 32 new DR programs and re-stated its commitment to help its clients in fulfilling their potential, facilitating the investment process.
In Latin America, countries such as Brazil, Argentina and Chile stood out by featuring the highest increases in the DR index, compared to the prior year. See in the map below the index for each country and, in the infographic, a summary of the DR programs in Latin America, the business segment of clients and the respective values.
Read the complete document in English at The 2016 Depositary Receipts Market Review (PDF - 3.7 MB) to access an overview of 2016 for the DR business at BNY Mellon.