28 - 29 May, 2019
Harbour Grand, Hong Kong
Managing Director, Head of Fixed Income, Asia Pacific
UBS Asset Management
2:20 PM Keynote Panel: What will the new index inclusions mean for the Chinese bond market and will it promote greater participation and awareness and lead to further demand for more investment products?
With China now being fully accounted in the Global Aggregate Index and the local currency Chinese bonds being the fourth largest currency component following the US dollar, euro and Japanese yen, what are the opportunities that lay ahead for foreign investors? Our speakers here will shed light on:
- Bloomberg Barclays inclusion – How will this open further opportunity in the corporate bond market for investors? And will overseas investors be allowed into the futures market, allowing them to potentially go into distressed assets?
- Despite rising inflows from overseas into Chinese bonds last year, foreigners still own less than 2% of the Chinese bond market – How will this change with the Bloomberg Barclays index inclusion?
- What is the opportunity for other investment products such as credit products and high yield and investment grade instruments to have more credit differentiation than currently provided?
- China perspective – How can they become more aligned with global practices, including default working procedures, bondholder rights, and the fair treatment of onshore vs. offshore investors? And will China create a new set of rules that reference the international model but are uniquely China as well?