APAC asset owners to raise Asia fixed income bets as US rates fall
Asia's robust economic backdrop is driving Asia-Pacific asset owners to increase allocations to the region's fixed income markets as a source of stable returns, a new State Street Global Advisors survey finds.
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Asset owners and managers in Asia Pacific favour Asia ex-Japan bonds as they plan to increase fixed income exposure over the next 12 months amid falling US rates, according to a State Street Global Advisors (SSGA) survey released on Tuesday.
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