BNPP AM has raised $170m from private banks in the region for a fixed maturity plan, according to Karan Talwar, Hong Kong-based investment specialist for emerging market fixed income.
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BNPP AM has raised $170m from private banks in the region for a fixed maturity plan, according to Karan Talwar, Hong Kong-based investment specialist for emerging market fixed income.
The bank also plans to increase ESG investments, according to senior executives.
Cheap valuations and a more sanguine outlook for the global economy are attracting dedicated Asia bond managers.
Data collected by Last Word Research shows a rapid rise in pessimism towards equities and credit among fund selectors in the region.
There are reasons to bet on emerging market equities despite poor performance last year.
Fixed income managers have promoted products with highly flexible mandates in response to shifting investor sentiment.
Cheap valuations and earnings growth could be a catalyst for Europe this year, according to Ferdinand Cheuk, portfolio manager for global equities at Franklin Templeton Investments.
China’s annual GDP growth was the lowest in 28 years, and First State’s Martin Lau sees it as a risk to asset prices.
Investors looking at listed fintech companies should closely monitor profitability, according to Patrick Lemmens, Rotterdam-based executive director for trends investing at Robeco.
The launch of the two funds comes at a time when the sentiment for fixed income products in Asia is mixed.
Part of the Mark Allen Group.