Fast-growing firms in Asia have stepped up issuance of convertible bonds, which often perform well in a rising interest-rate environment, notes Edmond de Rothschild AM.
Tag : edmond de rothschild asset management
The asset manager hires Melissa Lee in a newly created role as head of institutional sales covering the region. Separately, its head of Asia sales, Lavin Mok, has left.
Edmond de Rothschild Asset Management recommends taking positions in various growth themes within countries that continue to benefit from China’s economic expansion.
But the country faces challenges in the form of an overheating property market, renminbi internationalisation and the need to reform a hybrid economic model, argues Pierre Ciret.
The Paris-based asset manager is raising capital for the new convertible-bond fund, with an ultimate target AUM of $1 billion.