Citywire DPM Forum 2023

With last year’s dramatic reset in bond markets, many investors are turning to ETFs for access, liquidity, and flexibility to navigate today’s changing markets. In this workshop, Tom Digby (Director, Head of ETF Business Development & Capital Markets APAC, Invesco ETFs & Indexed Strategies) will discuss the benefits of the ETF vehicle, why use ETFs for fixed income investing, and how investors can use fixed income ETFs to construct core and tactical asset allocations in multi-asset portfolios.

Workshop Objective: To remind the participants the benefits of the ETF vehicle,  why use ETFs for fixed income investing, and how investors can use fixed income ETFs to construct core and tactical asset allocations in multi-asset portfolios.

Company Profile: Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. 

Having been in the region since 1962, Invesco is one of the most experienced investment firms in Asia Pacific. We have comprehensive geographical coverage with offices in Australia, China, Hong Kong SAR, India, Japan, Singapore, South Korea, and Taiwan. In addition, Invesco has a presence in China via a joint-venture, Invesco Great Wall.

Asia's strong growth momentum bodes well for continued robust returns from regional fixed income assets -- if investors know where to look. 
 
We believe the favorable macro backdrop offers a bright outlook for high-grade companies with strong balance sheets and good liquidity. This creates stability that investors should embrace to secure income from high-quality credit at attractive valuations - while recessionary forces dampen sentiment in developed markets. Across Asia Pacific, we see increased returns dispersion with compelling opportunities in both investment grade and high yield markets such as Indonesia, India, Japan, Australia, Macau and Korea. In China, selective efforts to shore-up the economy are underway. While we continue to adopt a more defensive approach, we acknowledge that opportunities still exist.
 
To explore the region's fixed income potential, this session with Andy Suen, Co-head of Asia ex-Japan Fixed Income at PineBridge Investments, aims to answer key questions such as:

•    Will investment grade remain the sweet spot for Asia? How selective do we need to be in high yield?
•    How is Asian credit compared to other developed and emerging markets counterparts?
•    How will Fed’s and other central banks’ actions impact Asian fixed income?
•    What are the emerging opportunities for 2024 across markets and sectors?
•    How should investors position China in fixed income portfolios given the slower growth regime?

Workshop Objective: To explore APAC’s fixed income potential and help investors uncover opportunities within the IG and HY space amid uncertainties 

Company Profile: PineBridge Investments is a private, global asset manager focused on active, high-conviction investing. We draw on the collective power of our experts in each discipline, market, and region of the world through an open culture of collaboration designed to identify the best ideas. Our mission is to exceed clients’ expectations on every level, every day. As of 30 June 2023, the firm managed US$148.5 billion^ across global asset classes for sophisticated investors around the world.

^ AUM as of 30 June 2023 includes US$48.5 billion (US$19.3 billion equities, US$21.3 billion fixed income, US$7.9 billion multi-asset) of assets managed by joint ventures or other entities not wholly owned by PineBridge Investments. AUM also includes PineBridge Benson Elliot Real Estate AUM of US$3.8 billion.