Q&A: Why AllianzGI sees value in HY credit

David Tan, Asia-Pacific fixed income CIO at Allianz Global Investors, tells FinanceAsia why he is bullish on the Asia ex-Japan high-yield bond market, despite a terrible 2018.

Q&A: Why AllianzGI sees value in HY credit

2018 was one of the most disappointing years in recent times for the Asian high yield bond market outside of Japan. 

Despite enjoying a decent start to the year, the market started suffering as soon as the second quarter kicked off, hit by a double-whammy of expectations for higher US interest rates and concerns over escalating global trade tensions.

Throughout the year, average dollar bond yields in the high-yield market widened...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: high yield | bonds

Print Edition

FinanceAsia Print Edition