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FWD favours Asia IG bonds amid coronavirus fallout

Hugo Cox
The Hong Kong-based insurer is looking to investment-grade bonds in the region as it seeks decently yielding debt that is unlikely to be downgraded into junk territory.
FWD favours Asia IG bonds amid coronavirus fallout

As Covid-19 continues to rage across the world, Hong Kong-based insurer FWD has turned its sights on investment grade bonds instead of high yield corporate ones, and Asia – where it sees a lower risk of downgrades than in the US.

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