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Beyond Chinese high yield: How this US$400bn firm invests in Asian credit

Photo by Dikaseva on Unsplash

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…

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