Generating income when yields are at historic lows is no longer as simple as investors believe it once was, he said. A typical approach in Asia has been to focus on a split between Asian high-yield bonds and Asian dividend stocks, Pang said. However, the yield on offer is not commensurate with the volatility in […]
Tag: Fixed Income
Developed market bonds have negative yield
Nearly $4trn in developed market bonds have a negative yield. Market participants are accustomed to the possibility of losing money, but the certainty of losing money is another matter, writes Jim Cielinski, global head of fixed income at Columbia Threadneedle Investments.
Mercer finds no strong calls this year
No asset class or geography particularly stands out, but Asian fixed income is “the least worst place to be” in that asset class, said Garry Hawker, a partner with Mercer in Singapore.
Asian fixed income is not what it used to be
The typically-held investor concerns about Asian fixed income diversification, liquidity and credit quality are diminishing, according to Jamie Grant, head of Asia fixed income at First State Investments.
Bearish on China fixed income
Government figures don’t reflect the true economic slowdown, which is closer to 5%, and more defaults may occur than in the past, according to Nicolo Carpaneda, investment specialist at M&G Investments.
Aberdeen sees US driven growth
In 2015, the chase for yield will be even tougher, the US dollar will shine and any treasury bond selloff is likely to be muted, said Victor Rodriguez, head of Asia Pacific fixed income at Aberdeen Asset Management.
High yield China CoCo bonds require caution
Chinese banks are offering contingent convertible bonds that can provide yield similar to high yield property products, but carry commensurate risk that isn’t always obvious, said Martyn Simpson, principal at Mercer in Singapore.
Gross and the bond market unconstrained
Exactly what former Pimco CIO, Bill Gross, does with his new unconstrained bond fund will be closely watched.
Axa appoints two to Asia fixed income team
Axa Investment Managers has made two additions to its fixed income team in Asia, as it attempts to bolster its coverage of the region.
