Sign up | Log in



Home  >>   Daily News  >>   Asean News  >>   Capital Markets  >>   Asian bonds outshining American paper
NEWS UPDATES Asean Affairs    4 September  2012

Asian bonds outshining American paper


US corporate and treasury bonds have long been regarded as being among the safest in the market, given the deep and well-developed American markets.

But for Schroders' Asian bond fund manager Rajeev De Mello, Asian bonds now present a more attractive option.

De Mello, 46, notes that in terms of growth potential and prospects, Asian companies are outshining their American counterparts.

"The growth is here. While big US multinationals do have exposure to the Asian markets, those firms that are focused on the US domestic market are unlikely to do as well as the Asian-focused firms," he said.

"So in terms of ability to pay out a cash flow and better business prospects, Asian firms are safer."

Mr De Mello is in charge of several Asian fixed-income funds, including the Schroders' Asian Bond Fund and the Asian Premium Bond Fund.

The Asian Bond Fund (ABF), which is the big brother of the two, started in 1998. The size of the fund is about US$1 billion (S$1.25 billion) while the Asian Premium Bond Fund (APBF), launched in 2006, has a size of about US$100 million.

Both funds have done relatively well this year.

The ABF posted a return of 4.88 per cent, including any dividends re-invested, for start of the year up to July 31.

The Asian Premium Bond Fund, which aims to beat the Central Provident Fund Ordinary Account rate of 2.5 per cent, achieved 5.46 per cent for the same period.

De Mello started out as a trader in 1987 before venturing into fund management. He moved to Asia in 1998 and was last at Western Asset Management before joining Schroders last year.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    4 September 2012  Subsribe Now !
• Asian bonds outshining American paper   Subcribe: Asean Affairs Global Magazine
• Philippine Supreme Court justices 'snub' new chief Asean Affairs Premium

• Clinton pushes for strong role for Indonesia in ...

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Malaysian special corruption courts helps image
• Thailand breaks world mass-massage record
• Vietnam President asks US to grant status...
• Yangon industrial zone stalls over compensation... 
Asean Analysis              30 August 2012 Advertise Your Brand
• Asean Analysis- August 30, 2012  
• Asean Weekly- August 17, 2012 Sponsor Our Events

Asean Stock Watch      31  August 2012  

• Asean Stock Watch-August 31, 2012 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand