Finding alpha in Asian bonds
HSBC’s Cecilia Chan looks to shorten durations, going long Asian currencies and using bond ETFs for Hong Kong dollar exposure in pan-Asian bond portfolios.
Asian fixed income is probably still the appropriate asset class for investors seeking capital preservation, high credit quality and strong underlying fundamentals, according to Cecilia Chan, chief investment officer for fixed income in Asia-Pacific at HSBC Global Asset Management.
Asian fixed income exceeded expectations in 2012. In January last year, the market was concerned that yields for Asian bonds were already low. But the reality was that yields declined further. “The whol…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.