Asian fixed income to continue to perform, Manulife says

Manulife said global green bond issuance grew 12 per cent in 2020 compared to the first nine months of 2019 and the global trend was supportive of further growth in the green and sustainable-labelled bond segment.

KUALA LUMPUR: Asian fixed income assets, which stayed resilient throughout 2020, can continue to perform this year on the back of a supportive global backdrop and continued policy support, said Manulife Investment Management.

With better fundamentals than its peers, the asset class is poised to be in a better shape for potential upside, anchored to Asia’s resilient credit profile and burgeoning multi-year sustainable investing opportunities in Asia, said the wealth and asset manager.