Thank you to MORNINGSTAR for finally assigning a 5 star rating to our fund in the category Asian High Yield Bonds. Versus the iShares USD Asia High Yield Bond Index ETF Year-to-date outperformance stands at 16.1% and 10.5% since inception in 2015.
BLOOMBERG - China High-Yield Bonds Fall as Home Sales Slump
The country’s builders are facing $12 billion in trust payments coming due in December, posing a major challenge for an industry whose liquidity squeeze has spooked global markets. Private-sector developers are selling the fewest bonds domestically in nearly five years, adding to the risk of additional defaults.
REUTERS: Asian high-yield bond issuers feel Evergrande pain as investors eye better protection
Global investors will probably demand more protection from riskier bond issuers in China and Asia by seeking higher returns and more transparency as a result of Evergrande Group's financial woes. Uncertainty over when and if authorities will step in to cushion the contagion risk from Evergrande, at a time when Beijing's regulatory crackdown has already frayed nerves and growth in the economy is slowin...
FITCH: China Evergrande default may have wider economic effects
China's major banks have been notified by the housing authority that Evergrande Group won't be able to pay loan interest due Sept. 20, Bloomberg reported, underlining the broadening impact of the property developer's liquidity crisis.
BONDEVALUE- Pakistan raises 2.5 bln USD in bond new issue
The issuance comes after the IMF announced resumption of Pakistan’s $6bn bailout program, of which $500mn was set to be released soon as per an announcement last week.
+38% Performance ueber 12 Monate ist eine starke Leistung mit dem neu aufgelegten Equity Long/Short Fund. Gratulation an unseren Fondspartner Seahawk Investments GmbH aus Eschborn.
BLOOMBERG - Asian Junk Bonds Offer Most Yield Over U.S. in Nearly a Decade
Asian junk bonds are attracting more bullish calls from money managers willing to navigate risks in the region for the juiciest yield pick-up over U.S. peers in nearly a decade. Average yields on speculative-grade dollar bonds from Asia have climbed to about 6.91%, widening the gap over similar securities from borrowers in the U.S. to about 295 basis points. That puts the premium closer to the 324 basis points touched in...
