Close
FSSA-logo-colour-png.png

Specialist in Asia Pacific, China, India and South East Asia and Global Emerging Market equities.

Discover more
Investment strategies
Insights
Close
SI-logo-black-png.png

Stewart Investors manage investment portfolios on behalf of our clients over the long term and have held shares in some companies for over 20 years. They launched their first investment strategy in 1988.

Discover more
Investment strategies
Insights
Main masthead logo
Website experience: Hong Kong Retail hk Contact us Set My Alert
Contact us
Set My Alert

Asian Quality Bond Monthly Review and Outlook

    Author: Publish Date:

    A monthly review and outlook of the Asian Quality Bond market.

    Author: Publish Date:

    Key highlights - as at February 2016 

     

  • Collapse in oil price, global recession fears and concern over the renminbi’s devaluation continued to weigh on the market the way they did in January, before market sentiment showed some signs of stabilisation towards the end of the month.
  • Total return for both investment grade and high yield were largely in line at around 0.6%. Spread returns were mixed. Macau, Bangladesh, Indonesia and Vietnam returned positive while Mongolia and Thailand spreads detracted value.
  • Challenging times are ahead for Asia though we see some bright spots. Reforms in China, India and Singapore are long-term positive despite the near-term growth uncertainty.
  • Longer-term growth prospects in Asia remain intact and return from local currency bonds especially the high yield Indonesia and India will likely outperform those of developed market if investors are able to take a longer-term view and ride out the current volatility.
    •  

     

     

     

    Please click "Download PDF" for full article.

    Download PDF

    Related Keywords

    Investing with us

    Our funds

    Responsible investment

    Insights

    Who we are

    Contact us

    Media releases

    Sitemap

    Important information

    Whistleblower

    Investor warning

    Supplier Code of Conduct 

    Combating investment scams

    Terms & conditions

    Privacy notice

    FATCA

    Cookie policy

    Statement of Commitment to the FX Global Code

    b-corp-white.png   pri-sig-white.png

    First Sentier Investors became a Certified B Corporation in November 2022 with a score = 107.2, noting that the passing score is 80. Please visit the B Corp Directory to view our report and for additional information regarding the assessment process.

    Investment involves risks. Past performance is not indicative of future performance. Refer to the offering documents of the respective funds for details, including risk factors. Investors may not get back the full amount invested.

    This website is issued by First Sentier Investors (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. First Sentier Investors, FSSA Investment Managers, Igneo Infrastructure Partners, RQI Investors and Stewart Investors are business names of First Sentier Investors (Hong Kong) Limited. 

    Loading Contents