Tag: bonds

The credit-orientated firm expects the positive inflows of 2009 to continue for absolute-return and inflation-linked fixed-income strategies. Robert Manning, chief executive and chief investment officer at MFS Investment Management, is betting that high-quality stocks will provide the best long-term returns. Instead, they are increasingly bullish on bonds, particularly emerging-market and high-yield instruments, according to the UK bank's quarterly investor survey. Long-term, Western Asset Management is bullish on emerging markets, but currently the firm is overweight developed-market corporates. The former chief investment officer of the Korea Investment Corporation begins trading his Asian credit hedge fund in Singapore. Nomura Asset Management leads the pack of 29 $1 billion-plus fund launches in Asia-Pacific this year. Mutual funds of global bonds, emerging-market equities and commodities enjoyed strong inflows in November. Equities should outperform bonds in the long run, but right now they’re dangerously overpriced, warns Albert Edwards of Société Générale. Michael Hasenstab, the firm's global bond fund manager, tips some emerging-market strategies that he prefers. Aberdeen Asset Management's head of emerging-markets fixed income explains his picks for corporate and sovereign debt. Guan Ong, now running a credit hedge fund, says Asian fixed income will offer more to institutional investors facing hedging challenges. Normalcy has nearly returned to the fixed-income market, says Deutsche Bank Private Wealth Management, and despite the recent widening of high-yield bond spreads, the firm ... Bruno Lee resumes a regional role for the wealth management business and is eager to promote fixed-income products. AMP Capital Investors' Shane Oliver says, despite their gains, equities continue to display attractive risk premiums over bonds. David Hoffman, fixed-income managing director at Brandywine Global Investment Management in Philadelphia, discusses opportunities in credit and mortgages as the US emerges from ... The global multi-strategy bond fund is managed by subsidiary Western Asset Management. Fawaz Habel joins the fund house to build its bond investment team. Default rates in Asia remain low, but current prices of Asian corporate bonds imply an unprecedented surge in failures, says Western Asset Management’s fixed-income specialist. ING’s Asian dollar bond team predicts a harder sell for its emerging market strategy in 2007 but continues to target riskier assets. For China''s insurance companies, the big risk in managing assets is the lack of supply in the domestic bond market.