Firms including Allianz Global Investors and Axa Investment Managers say they are looking to increase their holdings, joining Goldman Sachs Asset Management and Oaktree Capital Group.
SINGAPORE: One exchange-traded fund (ETF) shows how investors are increasing bets on a rebound in Chinese property junk bonds.
Surging inflows have lifted total assets of the iShares USD Asia High Yield Bond Index ETF to US$1.87bil (RM7.81bil) from US$383mil (RM1.58bil) at the end of August, an increase of 388%.
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