Covid and a decade of loose monetary policy have battered income investors.

Covid and a decade of loose monetary policy have battered income investors.
The Chinese property industry is in hot water with the third major Chinese real estate company failing to repay its maturing notes in less than a month.
Fixed income assets denominated in Singapore dollars generate stable and higher yields, argues Manulife Investment Management.
More Chinese property companies are in trouble and suffering credit downgrades.
Chinese markets will stay unstable for the rest of the year as policy makers’ intentions remain uncertain, says JP Morgan Asset Management’s (JPMAM) Apac strategist.
The long-delayed launch of the southbound channel saw $619m of volume on the first day of trading.
Despite the drop in prices, some fixed income managers increased exposure to the Chinese property developer during the past two months, said Morningstar.
China’s fixed income market offers defensive assets with attractive returns amid equity market volatility.
Mainland investors will be allowed to trade offshore debt through Hong Kong as a result of the new development in the scheme.
Despite their relatively lower rating today, real estate companies are on an upward ESG trajectory in Asia’s bond market, argues Haitong International (Haitong) and Tabula Investment Management (Tabula).
Part of the Mark Allen Group.