In a strategy U-turn, Vij, who helps oversee JPMorgan Asset Management’s US$1.2bil Global Bond Fund, is buying high-yield corporate debt and emerging-market dollar bonds on expectations that the world has already seen the worst of the coronavirus pandemic.
HONG KONG: Three months ago, Arjun Vij couldn’t wait to sell all his junk bonds. Now he can’t get enough of them.
In a strategy U-turn, Vij, who helps oversee JPMorgan Asset Management’s US$1.2bil Global Bond Fund, is buying high-yield corporate debt and emerging-market dollar bonds on expectations that the world has already seen the worst of the coronavirus pandemic.
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