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UK insurer Resolution Life eyes Asian bonds

The firm's director of asset management sees Asian debt as a good post-Covid opportunistic play, but Spanish insurer Mapfre is put off by weakening Asian currencies.
UK insurer Resolution Life eyes Asian bonds
Some insurers in Europe see investment opportunities in Asian bonds in the wake of Covid-19, but others say they are put off by Asian currencies having weakened against the euro. Private equity is another major area of focus in the fallout from the pandemic. Karl Chappell, director of asset management at the UK’s Resolution Life Group, said he sees a chance for opportunistic investment in the coming months into Asian credit markets. The insurer had been relatively lightly invested…
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