While we were still in a period of shock and awe during the March/April period, the latter parts of Q2 were better described as a period of healing and adjustment. Significant rate cuts from the developed market (DM) and emerging market (EM) central banks illustrate the global scale of the economic challenges created by Covid-19.
Regional life insurers will seek to reweigh their portfolios to seek out sufficient returns in the low rate environment, reduce duration gaps and adapt to new capital rules.
China is set to integrate its interbank bond and exchange bond markets. Five market experts share their thoughts on the move.
Fixed income offers wide-ranging diversification benefits ranging from generating total return – comprised of income and capital appreciation – to managing downside risks.
A favourable risk-return profile, potential extra yield and diversification are some of the key reasons supporting the investment case for Asian local currency fixed income.
Insurance firms in Asia and elsewhere have moved to take advantage of pandemic-driven spread widening on both high yield and investment grade debt.