UBS sees buyers returning to capitalise on the recent widening of credit spreads and prices in developed markets, encouraged by the strength of corporate balance sheets.
Tag : high-yield
Instead, they are increasingly bullish on bonds, particularly emerging-market and high-yield instruments, according to the UK bank's quarterly investor survey.
Normalcy has nearly returned to the fixed-income market, says Deutsche Bank Private Wealth Management, and despite the recent widening of high-yield bond spreads, the firm still prefers investment-grade bonds.
Singapore''s top performing Asian Debt Fund readies its second product.
KDP Asset Management sees interest for its research and funds among Asian institutions.
The Korean Development Bank has injected W350 billion into a fund it hopes will jumpstart Korea''s high-yield bond market.
New legislation may lead to market chaos, warn fund managers.