Over the past decade, the Asian fixed income universe has benefited from significantly improved
economic fundamentals and has grown to become one of the largest regional bond markets in the
world, supported by institutional, regulatory and infrastructure reforms.
Neal Capecci, Portfolio Manager, Fixed Income, Pan-Asia Bonds, shares his views on how these
developments, alongside the manifold sources of growth and the region’s increasingly accommodative
monetary policy, have created a quality, liquid, standalone market, which offers attractive real yields
and diverse investment opportunities.
Finally as the year draws to a close, Neal will look ahead to 2020 and consider the prospects and
challenges the new year may bring.