Malaysia's frothy national drink gets its foam from being poured back and forth between mugs at arm's length.
What is teh tarik?
Swaps traded dealer-to-dealer, not on an exchange, trade this way, like pharmacy pills without a prescription.
What is OTC (over-the-counter)?
American (deal-by-deal) or European (whole-fund): which way does your PE profit cascade down to the GP?
What is the distribution waterfall?
Malaysia's breakfast staple: rice steamed in coconut milk and pandan, with sambal, anchovies, peanuts and egg.
What is nasi lemak?
Your hosts' corporate name is roughly an English translation of this old Javanese name for Singapore.
What is Temasek?
Malaysia's only great ape; Borneo's dominant males grow huge cheek pads called flanges.
What is an orangutan?
Kelantan's moon-shaped kite flies on Malaysia Airlines' logo.
What is the wau (bulan)?
SeaTown portco Linnovate computes this every period: fund assets minus liabilities, divided by units outstanding.
What is NAV (net asset value)?
In a CLO, the AAA buyer and the equity buyer each hold a different one of these.
What is a tranche?
Founded 2017, this SeaTown portco ranks #1 in Vietnam's B2B e-commerce services.
What is OnPoint?
At quarter-end, a manager dumps losers and buys winners so the holdings report looks smart.
What is window dressing?
Peranakan women, and their kueh, get this name, from old Portuguese 'donha', lady.
What is Nyonya?
Of the four 'Asian Tigers', drop the two cities and South Korea; this island remains.
What is Taiwan?
Every May, finance pilgrims fly to this Nebraska city for what's nicknamed 'Woodstock for Capitalists'.
What is Omaha?
Like an option but issued by the company itself, this often sweetens a bond deal.
What is a warrant?
Manila's main airport honours this senator, shot on its tarmac in 1983.
Who is Ninoy Aquino?
Before 'baht' went global, foreigners called Thailand's currency this T-word, also an old weight for silver.
What is the tical?
Malaysia's biggest plantation crop isn't native: it arrived from West Africa in 1875 via Kew and Singapore's Botanic Gardens.
What is the oil palm?
Yuan, yen and this currency all descend from the Chinese character for 'round'.
What is the (Korean) won?
Pinecone Holdings' home market's headline index is named after a financial newspaper, not the exchange.
What is the Nikkei (225)?