Fri, Apr 20, 2018
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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its