The firm's director of asset management sees Asian debt as a good post-Covid opportunistic play, but Spanish insurer Mapfre is put off by weakening Asian currencies.
Insurance firms in Asia and elsewhere have moved to take advantage of pandemic-driven spread widening on both high yield and investment grade debt.
With spreads on Asian junk bonds having widened sharply, are they a good bet, despite widespread concern over expected corporate defaults in the coming months?
Asian investment-grade bonds may be less at risk of downgrades to junk than those elsewhere, but asset owners – particularly insurers – are being advised to take precautions.
Investors hunting for higher-yield fixed income might have better luck with Asian high-yield debt. But what are the caveats?
AsianInvestor found three varying asset classes to offer the most investing opportunity during early 2017. How well did they do? Read more to find out.