Sun, May 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian high yield bonds remain a solid investment choice

Wednesday, August 29, 2012

amb
Steven Howell
Bailey McCann, Opalesque New York:

Steven Howell is the founder of HCAP Asset Management. He launched the firm in 2008, to leverage his 25 years of financial expertise with a focus on the Asian markets. He was recently interviewed by Sona Blessing for Opalesque Radio, where he discussed the continued investment opportunities in Asian high yield bonds.

Even though Asian high yield bonds have seen a somewhat lengthy rally of late, Howell says that a significant upside is still present for investors given the overall quality of the issuance's. "Opportunities to invest in Asian high yield bonds have actually been enhanced since 2008," he explains, noting that much of the issuance goes toward reinvestment.

The market itself seems to be drawing significant outside interest, according to a Reuters report, two of Canada's largest insurers - Sun Life Financial and Manulife Financial Corp. have recently noted their interest in this bond market. Manulife Asset Management oversees over $200bn in assets and is finding returns by looking outside of developed markets and into emerging spaces like Asia.

According to Howell, the Asian investment bond market is approximately $65bn in value, a number which increases to closer to $2tn if the Eurobond market is factore......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n