Fixed Income

As AI-driven issuance propels US convertible bonds to record highs, diverging market dynamics across Asia are forcing global investors to rethink their risk strategies.

The National Pension Service is taking advantage of India's regulatory framework reforms and its inclusion in global indexes to expand into government bonds.

The search for higher returns is pushing Japan’s life insurers into private debt and asset-based finance, but a lack of local knowledge means they are relying on foreign partners and subsidiaries to scale up safely.

Realigned trade flows and orthodox monetary policy are driving institutional interest across Apac frontier debt and equity markets.

Investors are pivoting to local-currency convertibles and China's refreshed regulatory channels to secure resilience and yield.

Global bond volatility is reshaping Asian capital flows, forcing investors towards selective Apac reform plays.

Singapore has strengthened its pitch to global asset managers, but the next test is turning policy announcements into clear rules and faster operating processes.

Higher hedging costs, new regulations and a repricing of commercial property are pushing insurers towards alternative lending opportunities.

Regional fund flows saw sharp rotations with investors prioritising diversified allocation funds, short-duration fixed income and localised markets.

Once sidelined for low yields and an overvalued currency, Japan is winning back institutional capital across equities, debt and AI.

Rising Japanese government bond (JGB) yields drive institutions to reinvest at home, trimming foreign debt and cautiously adding alternatives.

As spreads narrow and capital regimes evolve, Apac insurers are reassessing credit allocations and portfolio construction strategies.