Bond Connect holds little appeal for “serious investors”

The newly approved China-Hong Kong Bond Connect will not appeal to big investors in renminbi debt as an alternative to other access channels, according to industry experts.  The mutual market access link is set to divide the market between large players – such as insurers, pensions and sovereign wealth funds – and smaller investors, such as wealth managers and hedge funds, said Barnaby Nelson, head of investors and intermediaries for Northeast Asia at Standard Chartered. Moreove…