At least $150bn will flow into China’s bond markets as Chinese government securities are phased into the BBGA Index, according to HSBC Global Asset Management.
Tag: China bonds
China bond funds rally in 2019
Offshore renminbi-denominated bond funds have staged a recovery so far this year, benefiting from a weaker US dollar.
China bonds best-selling sector in Q3: Report
BNY Mellon IM’s Mobility Innovation Fund in Japan was the top-selling newly-launched product in Asia-Pacific, and big losers were the categories of rupee-denominated bond products and allocation funds.
State-owned does not mean safe
Recent defaults on bonds issued by government-owned Chinese companies raise doubts about credit assessment and the notion that state ownership provides a level of security.
Foreign firms peck at China’s $9trn bond market
Despite the inclusion of onshore bonds on some global indices, portfolio managers have taken minimal exposure to the onshore bond market, citing the payment settlement issue as a key obstacle.
Video: JP Morgan on China investment in 2018
The Chinese government is encouraging a dividend-paying culture, which will benefit a China income strategy, explains Janet Tsang, client portfolio manager and executive director.
Moody’s sees slow, eventful opening of China’s bond market
The inclusion of RMB-denominated bonds in leading global indices will be a turning point for the onshore bond market, following the pattern of the Stock Connect, said Ivan Chung, an associate managing director at Moody’s Investors Service.
Video: Nikko AM on Asian Credit
Bertram Sarmago, the firm’s investment director, answers three questions on Asian credit on the sidelines of the Bangkok Investment Forum last week.
Citi PB: China’s managed defaults will not spread
In the face of dire warnings, China appears to be managing its corporate defaults, said Bassam Salem, CEO for Asia-Pacific at Citi Private Bank, and a stronger RMB has prompted the bank to reverse its stance on dim sum bonds.
Axa IM launches China bond strategy
Axa Investment Managers has launched a China short duration bond fund, which aims to give investors exposure to the 56trn ($8.54trn)renminbi bond market.
