Asian bonds: a good bet for 2017?
Watch out for a rising dollar, say fixed income fund managers, who believe the second half of 2017 will drive performance of debt in certain markets, in a reversal of what happened last year.
How well investors did from Asian fixed income last year very much depended whether they needed to account for performance against the rising dollar. In 2017, it is looking like more of the same – at least for the next few months, say fund managers.
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