While Western economies are battling sticky inflation and recessionary risks, the picture in Asia is different where the economies enjoy a much more robust economic background. The IMF predicts Emerging and Developing Asia to grow 5.3% this year, compared to 3.0% global growth, 0.9% in the Eurozone and 1.8% in the US. Against this backdrop of promising growth, Asian currencies and the local currency bond market should benefit. We spoke to Cary Yeung, Head of Greater China Debt, Pictet Asset Management, about the factors moving the market and the attractiveness of Asian local currency bonds.
Privacy Overview
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.