Dim Sum bond market in crisis, with little choice for managers
Most offshare yuan issues are small, and funds struggle to find bonds to buy
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Hong Kong
DIM Sum bond fund managers, armed with US$2.6 billion and little to spend it on, are struggling with a market creaking under the challenges of record maturities and slumping sales.
Ben Hsueh, who oversees an offshore yuan fund at Fubon Asset Management in Taipei, says he has few investment choices at the moment.
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