Love, Money or Disappointment: What Will Asian Credit Investors Find in Their Red Envelopes?

February 27, 2013


Investing in Asia’s credit sector is far from simple these days.
-Robert Mead, managing director, PIMCO
-Raja Mukherji, executive vice president, PIMCO

Robert MeadRaja Mukherji

  • Our cyclical economic outlook for Asia in 2013 is unusually dependent on breakthroughs in structural policies.
  • Although we continue to favor select opportunities in key sectors, in general Asian credit spreads are trading historically tight.
  • Bottom-up research is critical, along with careful top-down views on shifting economic conditions, and investors need adequate compensation for taking credit risk. Some sectors and companies can grow significantly faster than their respective economies.


Read the Full Report