Asia CB pipeline likely to start flowing again: BNPP IP
With credit hard to come by and stocks looking cheap, Asian convertible bond issuance may be set to increase, says Skander Chabbi of BNP Paribas Investment Partners.
Like other equity-related investments, convertible bond funds have not performed well this year, particularly those with Asian underlyings. But they are starting to attract flows again after a torrid few months, says Skander Chabbi, head of convertible bonds at BNP Paribas Asset Management.
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