The firm will soon roll out a Dublin-domiciled Asian fixed income product. It also expects more Japanese money to flow offshore and sees Philippine bonds as particularly attractive now.
Tag : asian fixed income
Asian fixed income has hit record levels of foreign ownership, but stickier offshore investors should preclude a 1997-style crash, says Western Asset's Lian Chia-Liang.
The fund house aims to capitalise on Japanese pension plans' growing interest in new investment types, including Asian fixed income and certain alternatives.
A project supported by the Asian Development Bank seeks to produce incremental integration to fixed-income markets through standardised documentation.
Global fund managers intend to go overweight Asian fixed income, according to a survey by HSBC. But sentiment on Asian equity is mixed.
The Asian Development Bank warns that the region must improve bond market liquidity and cooperation or bond prices will suffer.