But equity investors should not be running for cover yet, according to optimistic asset managers.
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But equity investors should not be running for cover yet, according to optimistic asset managers.
Western Asset identifies three markets with attractive bond investment opportunities in Asia.
Coronavirus is fostering new opportunities across healthcare, industrials, government spending and changing consumer behavior, say investors.
In 2020, the direction of US-China relations will drive volatility in the Asian bond market, according to a fund manager at the Legg Mason affiliate.
Key risks for the asset class have subsided in synch, creating favourable conditions, according to the Legg Mason affiliate firm.
Despite risks, selected Asian local currency bonds present a value opportunity, according to Wontae Kim, research analyst at Legg Mason affiliate Western Asset Management.
FSA compares the Bluebay Investment Grade Absolute Return Bond Fund and the Legg Mason Western Asset Macro Opportunities Bond Fund.
Local currency Asian government bonds tend to offer higher yields compared to developed market sovereigns and are also relatively safe, according to Desmond Fu, trader and portfolio analyst at Western Asset Management.
In an environment where financial markets are experiencing not just a summer cold, but a serious bout of fever – fund houses are prepping themselves to move in when the perfect storm forms.
The first acquisition sees Henderson acquire Perennial Fixed Interest Partners and Perennial Growth Management from IOOF and each company’s employee shareholders, while the second sees the firm increase its stake in 90 Western Asset Management to 100% from 41%.
Part of the Mark Allen Group.