Asian companies new to issuing bonds can cut financing costs by providing more information to investors, argue fixed income managers.
Tag : angus hui
The Schroder ISF Asian Bond Fund has a 20% exposure to German Bunds, reflecting the fund house's cautious stance.
Since the start of the credit crisis, Schroders has substantially lowered its exposure to high-yield corporate credit due to its high sensitivity to the global financial crisis.
Angus Hui, Asian fixed-income fund manager at Schroder Investment Management, says he will remain defensive until there is more clarity on what impact the US slowdown will have on Asia.