Interest rate risk tops Asian investor concerns

Interest rate risk has toppled tail risk as the issue cited by institutional investors in Asia as most likely to affect portfolio performance over the next 12 months, finds an Allianz Global Investors survey* due for release today. This is despite recent indications that the US Federal Reserve will maintain low borrowing rates until the US job market improves – and it has been showing only stuttering growth in recent months. Tail risk – cited as the most pressing risk in the fun…