Asian Fixed Income
HSBC Asset Management provides a suite of Asian Fixed Income investment solutions, including in Asia USD credit, which consists of investment grade, high yield, and high income strategies, as well as Asia local currency bonds, which consists of India bonds, RMB bonds, and SGD bonds.
Our philosophy
- We believe that the inefficiencies of the Asian fixed income market can be identified by the careful and disciplined analysis of Asian economic and industry cycles, as well as individual issuers and issues
- We believe that by understanding the management style and culture of Asian businesses and institutions, while identifying local supply and demand dynamics, we can manage unique investment risks to take full advantage of the opportunity set
- We believe that by combining these local insights together with a truly global perspective, we can construct portfolios in a risk-controlled framework, which can potentially deliver optimal risk-adjusted returns for our clients
Our process
- Our process is active, fundamental and value driven. It uses quantitative inputs on a selective basis and combines qualitative top-down analysis of macroeconomic and market dynamics, with structured bottom-up research into individual bond issuers and fixed income securities
- Leveraging the local insight from our investment professionals across the Asia-Pacific region, the team seeks multiple, uncorrelated alpha sources, with the aim of providing good risk-adjusted returns
- We have a stable and well-resourced team with investment professionals and credit research analysts based in five offices across Asia
HSBC strengths
- We have been managing Asian fixed income for three decades and manage one of the longest running Asia credit funds in the market
- Our team benefits from our global credit research platform, which utilises the expertise of seasoned sector specialists across the world
- While investment decisions are taken locally to ensure focus and accountability, our portfolio managers in Asia are able to access the expertise and experience of our investment professionals worldwide in order to gain a truly global perspective
- We benefit from the goodwill and strong relationships that come with being a part of the HSBC Group and our strong insight into client needs through on-the-ground presence
Focus on
Risk Warning
The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. The value of the underlying assets is strongly affected by interest rate fluctuations and by changes in the credit ratings of the underlying issuer of the assets. The views expressed above were held at the time of preparation and are subject to change without any notice.
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