PineBridge's Lau warns US interest rates and China's policy direction 'significant' credit risks in 2022

Default rate depends on Evergrande and Sri Lanka

clock • 2 min read
PineBridge's Arthur Lau

PineBridge's Arthur Lau

PineBridge Investments’ Arthur Lau has said he expects the credit default rate in Asia to reduce in 2022 but warned that, more generally, the prospect of rising US interest rates and the heightened property sector risk within China could lead to higher volatility in Asia’s investment grade market.

Lau, who is co-head of emerging markets fixed income at PineBridge, is a portfolio manager on the $272.8m PineBridge Asia Pacific Investment Grade Bond and the $12.8m Asian High Yield Total Return Bond...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Bonds

Javier Arias is an associate in Redington’s manager research team

Redington: ESG, stewardship and sustainability principles in EM sovereign debt

Late to the party

Javier Arias
clock 24 May 2022 • 4 min read
Partner insight: Taking on climate change through fixed income

Partner insight: Taking on climate change through fixed income

ESG challenges are complicated and diverse for many asset classes, and fixed income is no exception

clock 23 May 2022 • 1 min read
Drawdown of 11.3%

Gilts suffer £150bn value dent in 2022

Fell 10% in four months to April 30

clock 18 May 2022 • 2 min read