As a new round of monetary easing sets in, Asian bonds are coming into greater focus for their higher yields and diversification benefits. Arthur Lau, head of Asia ex Japan fixed income at PineBridge Investments, says to manage today’s market uncertainty active bond selection matters more than ever.
The Asian bond market offers refuge with higher yields and stable return but investors need to navigate idiosyncratic risks and the impact of policy and politics.
Volatile markets and a delicate global macro-economic environment have kept some investors on the sidelines. But the economic cycle should not be a barrier to opportunity, says PineBridge Investments.
Too much capital is chasing too little cash flow and these capital movements are creating waves of short-term market volatility. PineBridge Investments looks at what investors can do to manage risks and stay ahead of growth opportunities.
After a sharp sell-off and a strong recovery, Asian bonds still offer value to pro-active investors seeking opportunities in fluid market conditions.
The global financial market volatility of 2018 has cast doubt on the durability of the long-running global business cycle. Do we face recession risks or continuing, if slower, growth? Markus Schomer, chief economist of PineBridge Investments, sets out the road map for the year ahead.