Asset Management Awards for Excellence 2016 – Best Fund Provider – Asia Bond


Tan-Yuan Kueh, Managing Director, Head of Private Bank Business & Strategic Client Development Asia ex-Japan, BlackRock

Tan-Yuan Kueh
Managing Director, Head of Private Bank Business & Strategic Client Development Asia ex-Japan

In the run up to 2015, Asian HNWIs bought an estimated US$17 billion in high yield bonds alone, the surge in issuances driven in large part by Chinese developers. With demand sustaining among Asia’s wealthy, 2015 proved to be a critical year for fixed income managers in the region.

BlackRock’s wide product range across active and passive vehicles has been commended by private banks in Asia, as wealth managers sought to outsource Asian credit and liquidity risk management.

Selectors have turned to the firm’s best-in-class shelf of active strategies, covering regional debt securities and anchored by BlackRock’s blend of top-down macroeconomic analysis and bottom-up credit selection, to take advantage of market pricing inefficiencies.

And whilst fixed income exchange-traded funds (ETFs) remain nascent in the region, BlackRock’s passive arm, iShares, has been a pioneer in this space by developing the region’s product range. In addition to conventional tracking, iShares has developed a myriad of index strategies such as synthetic beta solutions to challenge weaknesses in traditional fixed income index construction.

In addition to robust and disciplined active performance and forward-thinking efforts to push fixed income ETFs, the firm’s dedication to innovate solutions based on client needs has led private banking fund selectors in Asia to choose BlackRock as this year’s Best Fund Provider – Asia Bond.