Investors who sought yield in Asian markets in 2017 were well served. That, however, means valuations have hit record highs.
After 2017’s record issuance, issuers and investors wonder whether the market will be able to support even more borrowing in 2018 without spreads widening.
Now the ruling party’s Congress has passed, it’s down to China’s regulators to steer investment flows. They are doing so, firmly.
At least three Southeast Asian nations will start the process of electing a new leader next year. How should global investors prepare for the change?