US high-yield specialist eyes Asia

Mar 7, 2003

KDP Asset Management sees interest for its research and funds among Asian institutions.

KDP Asset Management, an American high-yield bond specialist based in Montpellier, Vermont, is making initial marketing and fact-finding investigations into Asia. One of its executives, Michael Penniman, has visited Hong Kong to gauge interest in selling its US dollar-denominated Defensive High Yield portfolios to Asian institutions.

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