A proprietary, risk-based ESG approach provides downside protection and generates superior performance, according to an Eastspring fixed income fund manager.
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A proprietary, risk-based ESG approach provides downside protection and generates superior performance, according to an Eastspring fixed income fund manager.
The Canadian asset manager is offering an ESG fund focused on Asian credit to Singapore retail investors.
Asia sub-investment grade bond yields trade at a premium to US and European high yield, despite better credit fundamentals and a more stable market structure, says UBS AM’s Apac fixed income head.
Hong Kong’s Securities and Futures Commission (SFC) has authorised BEA Union Investment to launch an Apac fixed income product structured as an “open-ended fund company” (OFC).
HSBC Global Asset Management makes the case for Asian bonds as it launches three funds into China through the northbound MRF channel.
Asia bond valuations are appealing, but liquidity needs to return to the market before investors are convinced, according to BEA Union Investments’ fixed income head.
The Tencent-backed firm is yet another manager who is upbeat on the higher-yielding Asian bond market, despite the risks.
Key risks for the asset class have subsided in synch, creating favourable conditions, according to the Legg Mason affiliate firm.
Focusing on higher quality and short-dated bonds will help ease the risk of defaults in Asian USD-denominated bonds, said Pheona Tsang, head of fixed income at BEA Union Investment.
Defaults on Asian high yield corporate bonds may surpass the 2.9% level reported in 2015 due to difficulty in refinancing debt, said Jimond Wong, managing director and senior portfolio manager for Pan-Asia bonds at Manulife Asset Management.
Part of the Mark Allen Group.