The pandemic has prompted a surge in social bond issuance.

The pandemic has prompted a surge in social bond issuance.
Chinese BB property bonds will generate decent returns in the next six to 12 months, said Pinebridge Investments.
Eurozone and Japanese equities will likely outperform their peers next year, said the Swiss wealth manager.
Investors should gain exposure as both China equities and fixed income are undervalued, said Blackrock.
Manulife sees value in ESG-themed investment grade fixed income.
The energy sector will remain robust in the short-term, fuelled by global demand, according to fixed income experts.
The pilot programme will authorise overseas issuers to issue social and sustainable development bonds.
Singapore-based Ross Dilkes is leaving the asset manager as his fund has plunged over 16% year-to-date.
The New Capital Sustainable World High Yield Bond Fund is the first ESG fund offered by the asset manager.
International investors should take advantage of recent weakness in Asian bond markets, according to Eastspring Investments.
Part of the Mark Allen Group.