BNP Paribas plugs convertibles for volatile times

The asset manager believes Asian convertible bond funds should appeal to a growing number of Hong Kong investors.

Winnie Lee, CIO at BNP Paribas Asset Management in Hong Kong, suggests conflicting investment data and the unquantifiable impact of terrorism and war makes speculating about prospects in 2002 a bit like English weather a bit of cloud, some rain, later some sunshine. There's a bit of everything, she says.

But there are a few simple things she can determine, and based on that, BNP Paribas believes local investors will be attracted to bonds and equity-linked products.

Even the certain things û that the United States, Europe and Japan are in recession û are not clear-cut. For example, Lee says one important indicator in the US is housing sales, an important part of consumption. It...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222