Fidelity rides investor charge into Asian fixed income

Asian retail and institutional investors and, increasingly, their international peers are looking to allocate more resources into the regional debt, to both take advantage of relatively appealing yields and escape poor returns and volatility elsewhere. This is driving up opportunities for fund houses to service them, and has helped Fidelity International, traditionally an equity-focused fund house, build its fixed income business in the region. The firm said its Asian bond asset…