Interview with Matthews Asia

Asian Fixed Income: A Market of Adequate Size and Depth, but is it the Right Time to Invest?

Date:

Asian Fixed Income: A Market of Adequate Size and Depth, but is it the Right Time to Invest?
Teresa Kong. Deuda asiática: un mercado con el tamaño y la profundidad adecuada pero ¿es el momento de invertir?

Author: Gabriela Huerta

  1. In an interview with Funds Society, Teresa Kong reveals the challenges and opportunities of Asian fixed income
  2. Matthews Asia upholds the attractiveness of markets with lower levels of debt and better credit quality, such as Indonesia, China, and Sri Lanka.
  3. The volume of the Asia ex-Japan local currency debt market now equals three-quarters of the US Treasuries market.
  4. "We have to think of China more as a developed market than an emerging one, so growths of 5 % are far more plausible."
  5. For Asian currencies Kong does not foresee a collapse similar to that of Latin America or Eastern Europe Asia
  6. The strategy led by Teresa Kong is unconstrained, therefore, depending on market expectations, they can move from US Dollar denominated debt to debt denominated in local currencies.