Credit, equities tipped as Covid-19 recovery plays
Asian investors found fixed income appealing in the second quarter, but selective equity allocation might be a better bet for the rest of the year, say active investing experts.
The impact of the Covid-19 pandemic continues to be felt among Asia’s investors. It led retail-focused asset managers to shift into fixed income funds during the first quarter, and Asian corporate bonds may well continue to appeal, according to research firm Cerulli Associates and fund house Schroders.
However, as 2021 approaches it’s possible that equity markets will enjoy selective recovery as the economic outlook brightens, says a new report from $1 trillion institutional inves…
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