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Overweight high-yield EM bonds: Bank of Singapore

Most overvalued asset class right now is government bonds, says head of managed investments Hou Wey Fook

Published Thu, Jun 2, 2016 · 09:50 PM

Singapore

INVESTORS would likely do well to overweight high-yield emerging-market bonds and underweight investment-grade developed-market bonds in the second half of this year amid low interest rates and high market volatility, Bank of Singapore's head of managed investments Hou Wey Fook said on Thursday.

Speaking at an investment outlook briefing held at the Ritz Carlton hotel, Mr Hou also said th…

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