Aberdeen picks Indonesia as conviction play for Asian debt

Kevin Daly is a portfolio manager on Aberdeen Asset Management's emerging-market fixed-income team, having joined the firm in 2007. He spent the previous 10 years at rating agency Standard & Poor's in London and Singapore, where he worked as a credit market analyst covering global emerging markets and then in the sovereign ratings team as head of marketing and origination. Historically, the bond market usually enters a short correction six months before interest-rate hikes. When …