Many western investors equate Asian fixed income with the internationalisation of the Chinese bond market. While China’s effort to open up its debt markets to international investors is too big to ignore, the focus on a single development in the region’s fixed income story does a disservice to what has become a varied and challenging market...
...Looking at positioning, Seaman, who runs the Stratton Street Ucits Renminbi Bond fund, says there are two ways to play China. The first is through strong dollar bonds in the investment grade space. The second is via the currency, which has performed strongly over the past year despite the market expecting the opposite...
Source:http://citywireselector.com/news/four-rated-managers-clash-over-approaches-to-asian-bonds/a1118324?ref=citywire_global_latest_news_list