In an exclusive interview, the head of Taiwan’s Bureau of Labor Funds revealed how the pension turned more aggressive in bond investments to adapt its $201 billion portfolio to higher rates.
The CIO of Swiss insurer Zurich and CEO of Swedish pension fund Alecta flag their growing corporate debt concerns and outline their response strategies.
Allocations to funds based on corporate bond indexes raise issues that investors seem unaware of, such as US high yield's correlation to the oil price, according to new research.
European and US investors see themselves as viable sources of corporate bond liquidity, and proposals are emerging whereby dealers could access buy-side holdings, says Greenwich Associates.
Renaud de Planta, one of Pictet’s eight partners, discusses the firm's strategy for its Asia funds business, which includes a major regional expansion.
While generally positive on the opportunities in Asia’s high-yield credit market, fund managers do have concerns, not least about the risks of CNH bonds.