Attractive valuations are making Asian bond markets such as Indonesia more appealing to investors, according to one US asset manager with US$400 billion in AUM, as private clients in the region increasingly look for alternatives to China’s under-pressure high-yield space. The recommendation from Desmond Soon, head of investment management, Asia (ex-Japan) at Western Asset Management (Western AM), comes as bond…
Beyond Chinese high yield: How this US$400bn firm invests in Asian credit

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