GSAM’s relative value strategy plays on movements between countries rather than typical market dynamics, according to Jonathan Xiong, head of the firm’s alternative fixed income strategies.
Tag: Fixed Income
Bond valuation worry grows in Asia, says GAM
Look for investors in Asia to increasingly tilt away from their global bond and credit allocations, said Rossen Djounov GAM’s head of Asia.
DBS WM sees risk in fixed income fixation
Strong client demand for fixed income could be offset by some alts exposure, but convincing clients is a slow process, said Marc Lansonneur, head of Singapore wealth investment and treasury at DBS.
Allianz GI: Indonesia tax amnesty boosts bond appeal
The tax amnesty brought in tax revenue, lowering the fiscal deficit and enhancing the appeal of government bonds, according to Allianz GI’s David Tan.
China’s WMP assets continue to grow
Wealth management products (WMPs) sold by Chinese banks remain popular despite low yields and stricter regulations, according to a recent report from China Banking Regulatory Commission.
Fidelity WFOE debuts onshore bond fund
Fidelity International has announced the launch of its China Bond No.1 Private Fund, the first ever fund product launched by a foreign firm in China.
Bond fund assets in HK up 5% in 2016
Bond fund assets in Hong Kong increased while equity fund assets declined, according to the Securities and Futures Commission’s latest report.
Study: Singapore’s insolvencies to accelerate
The number of insolvencies in Singapore is expected to accelerate by 15% to 222 this year from 193 in 2016 – the highest in Asia-Pacific, according to a study by Euler Hermes.
GSAM: Volatility will rock corporate credit
Stronger volatility is coming and credit risks are not properly priced into the market due to investors chasing yield, said Jonathan Xiong, head of the fixed income alternatives group at Goldman Sachs Asset Management.
Allianz advises short duration
Interest rate volatility has spiked and investors are urged to stay away from long-duration bonds, especially in developed markets.
