Western Asset sees potential in three countries

Head of emerging markets debt Lian Chia-Liang said Asian local debt, including China bonds, has become a core allocation for global investors.

KUALA LUMPUR: Western Asset Management Company, a specialist investment manager of Franklin Templeton, sees the potential in China, India and Indonesia among the emerging markets (EM) for its fixed income asset diversification and allocation strategy, Bernama reported.

Head of emerging markets debt Lian Chia-Liang said Asian local debt, including China bonds, has become a core allocation for global investors.