Investors are still buying high-yield and EM sovereign and corporate debt, at the expense of developed-market investment-grade bonds, notes the Swiss fund house.
Tag : high yield
The HK asset manager has doubled its AUM after being handed a long-only corporate bond portfolio by a reinsurance firm. It is also planning a private-lending strategy.
Junk bonds may offer attractive returns relative to sovereign debt, but both asset classes are at record low yields. Are investors taking sufficient note of fundamentals?
But this approach by developed-country governments is allowing emerging-market banks to take the lead in servicing investors in their local debt markets, argues Jan Dehn.
After gaining traction in retail distribution in Japan, BlueBay Asset Management is looking at marketing fixed income funds to more high-net-worth investors in Asia ex-Japan.
