A US default seems not to have been priced in by Asian investors, despite the current government shutdown. Whatever else happens, QE tapering seems likely to be postponed.
Tag : lian chia-liang
The firm will soon roll out a Dublin-domiciled Asian fixed income product. It also expects more Japanese money to flow offshore and sees Philippine bonds as particularly attractive now.
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Asian fixed income has hit record levels of foreign ownership, but stickier offshore investors should preclude a 1997-style crash, says Western Asset's Lian Chia-Liang.
Western Asset debates the durability of the recent shift in power from rich industrialised countries to emerging markets.
The US house’s head of Asian fixed income says a renewed focus on the region’s bonds should result in a change in how they are priced and traded, amid a strong home bias.
Western Asset has hired Lian Chia-Liang to head its Asian fixed-income investment team in Singapore.
