Western Asset fund manager targets corporate bonds
Rajeev de Mello talks about Asian currency appreciation, the appeal of short-term corporate debt and his plans to invest in renminbi bonds issued in China and Hong Kong.
Rajeev de Mello is the head of Singapore operations for Western Asset and portfolio manager of the Legg Mason Western Asset Asian Opportunities Fund. He joined Western Asset Management in 2007 from Pictet, where he had responsibility for managing Pictet’s global fixed-income business out of Geneva.
What is your currency positioning in the fund? Our biggest position is in the Korean won, which represents an overweight compared with the benchmark and reflects expectations we have for th…
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