Top-Performing Fund Plans to Pare China Property Bond Holdings

(Bloomberg) — One of Asia’s best-performing bond funds is looking for opportunities to pull back from Chinese developers’ offshore notes after raising its holdings during a record rally.
Jane Cai, manager of the ChinaAMC Select Asia Bond Fund, plans to shift from not just the country’s property-dominated high-yield space but Asia’s junk market more broadly as China’s new home sales continue to fall and investors bet on further U.S. interest rate hikes.

- PODCAST
- MOST POPULAR