Top Asia junk bond funds see opportunities in China developers

Hong Kong

THE best-performing emerging Asia junk bond funds this year all navigated a landmark default to profit from China's property debt. They see more opportunities as the nation prevents rising delinquencies from sparking a crisis.

Allianz Global Investors led with a 7.3 per cent return through Dec 24 this year, followed by Aviva Investors Global Services Ltd with 5.8 per cent and Value Partners Gr…