Taking an active approach to managing fixed income portfolios can be the key to outperformance. Doing this effectively matters in Asia, in particular, given the higher risk of defaults in 2019.
The long-awaited inclusion of onshore China bonds in a global index is a tipping point for fixed income investing that may influence portfolios going forward.
Malaysia's regulatory system and attitude to inward investment is praised by participants at our Asia-Pacific debt investor forum as they debate Asia's fixed income supply-demand question.
Towers Watson says managers should consider this concept as the case for CNH bonds is unattractive now. Separately, HSBC talks about opportunities in China's onshore RMB bond market.