Manulife AM grows bullish on Asian bond fund

Manulife Asset Management is bullish that its diversified Asian bond fund will prove attractive to investors in this region despite the spectre of interest rate rises to rein in inflation. The firm first launched its Asia total return strategy on the Ucits platform out of Luxembourg in September 2009. Since inception it has returned around 10.8% net of fees, with a volatility of less than 3.5%, Manulife reports. But this May the asset manager reached out to this region, making t…