BlackRock Favors Asian, U.S Investment Grade Corporate Bonds
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
BLK US (BlackRock Inc)
People
Neeraj Seth (BlackRock Inc)
Topics
First Word Credit Asia
First Word Credit US
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283
(Bloomberg) -- BlackRock is underweight govt. bonds in developed markets and prefers credit bonds , Neeraj Seth, head of Asian credit for the asset manager, says in media briefing Wednesday.
- Likes Asia investment grade bonds due to improving fundamentals in corporates
- On technical front, now close to 80% of Asian bonds are owned by Asian investors, which reduces volatility
- On valuation front, Asian investment grade bonds provide attractive spread
- BlackRock also sees opportunities in Asian local bonds
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
BLK US (BlackRock Inc)
People
Neeraj Seth (BlackRock Inc)
Topics
First Word Credit Asia
First Word Credit US
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283