Slow growth good for bonds, says ING

Asia may fear a global economic downturn, but there''s plenty of value to be found for bond investors, says ING.

All the recent talk of a downturn in the global economy, sparked by fears that the US is going into recession, may not be such good news for Asian equity investors if a downturn results in a decline in exports. However, careful examination of what's on offer in the bond markets could prove beneficial. That, at least, is the verdict of ING Barings credit research teams.

At a presentation given today at its Hong Kong office, the bank asserted...

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