Investment Solutions Forum 2019 HK - Exclusive Insights - Donald Amstad - 2

Donald Amstad of abrdn

Sep 23, 2019

Jump to section:

1. Where can clients/advisors find opportunities given current market environment?

Video transcript

1. Where can clients/advisors find opportunities given current market environment?

In the current environment, investors are plagued by uncertainty. So, what we need to offer them is certainty, and one way to do that is by offering them fixed maturity products. When we look at the dollar bond market, which is the only bond market in the world left with any yield in it, the best risk-return is in short-dated bonds, because the yield curve is flat, and by lending money to emerging market companies who have been deleveraging their balance sheets for the last five years, and whose spreads are trading at very wide and very attractive levels compared to US corporate bonds. So, a fixed maturity product that is full of short-dated dollar bonds issued by emerging market corporates, we think, is one answer for clients who are looking for certainty in this era of uncertainty.

Latest Articles

Latest News