(The Philippine Daily Inquirer) - Bond investors looking to Asia should favor the higher-yielding markets of Indonesia and the Philippines, which will perform well in a benign global interest rate environment, an ABN AMRO bond fund manager said.
The prospects for 50 basis points (bps) of rate cuts in the United States later this year mean bond investors should be willing to take on credit risk at the expense of lower-yielding sovereign issues, said Adeline Ng, head of Singapore fixed income at ABN AMRO Asset Management.
The prospects for 50 basis points (bps) of rate cuts in the United States later this year mean bond investors should be willing to take on credit risk at the expense of lower-yielding sovereign issues, said Adeline Ng, head of Singapore fixed income at ABN AMRO Asset Management.
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