EM debt gets a bad rap, says BOC Life CIO
Yield-hungry investors are looking to invest more in emerging market corporate bonds, which are seen recovering more slowly from the pandemic crash than those in developed markets.
Hong Kong’s BOC Life took the opportunity to “reload” its emerging market debt portfolio after de-risking amid the Covid-19 crisis this year and is positive on the asset class, which the firm's investment chief says still faces a perception problem.
Nonetheless, investors are looking to increase their allocation in this area despite the recent turmoil, it emerged from a webinar* hosted on Tuesday (November 24) by AsianInvestor and Credit Suisse Asset Management.
BOC Life took a …
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