Bonds

A wave of risk aversion hit high yield bonds in Q3. Here, fund managers give their views on the sector after the sell-off and where the sweet spots now lie for investors.

Highest since June 2013

Fund launched for subsidiary Western Asset

Follows Draghi's QE re-examination

Rate hikes are off the table until 2017

Credit ratings have been improving across Asia, but spreads persist which could partly be down to Western investors' unfamiliarity with the markets.

Active categories include healthcare and EM debt

Lots of people have loathed bonds

Issue six times oversubscribed

Investors want short duration