Asian debt markets have been hurt by the COVID-19 pandemic, however there are potential opportunities out there. China, for example, has actually seen corporate defaults fall because of proactive government measures. Overall, SSGA expect yields to trend lower. Here’s why.
The spread of COVID-19 has placed extraordinary pressure on the markets. The stronger fundamentals, market structures and dynamics of Asian economies and bond markets are some of the main factors underpinning the relative resilience of Asian local currency bonds.
With oil-producing countries hit hard by the crude price crash, their state institutions will have to dump liquid assets and, by default, raise private market allocations, say industry experts.
A Democrat win may negatively hurt US growth, but whether Trump or his blue counterpart win the election, expectations of lower global rates will spark a renewed search for more attractive yields elsewhere. Asia presents opportunities for a yield pickup.
The region’s asset owners want to add internal ESG professionals as part of a broader effort to engage with the factors, according to a new SSGA survey.
Many institutional investors are seriously considering adding fixed income ETFs to their portfolios. Here in our second instalment we continue to dispel some myths about the investment vehicle.