Reflections on economic and social trends that impact investor sentiment and behavior.
Selected Document
Why Asian Debt Will Bounce Back
Western | October 21,2013

Chia-Liang Lian, Head of Investment Management, Asia (ex-Japan) discusses the outlook for Asia's debt markets

  • Strategic investors with a positive long term outlook for Asia's growth leadership are focusing on the current valuations of Asian bonds
  • The recent market selloff reflects a confluence of liquidity-driven technical dislocation, concerns over a cyclical downdraft and heightened geopolitical worries
  • Cliff-hanging structural risks in advanced nations argue for global diversification in the face of secular shifts, notably the yuan internationalization
  • Western Asset maintains the view that Asian debt is firmly on track in its multi-year evolution into a mainstream asset class