Why invest in Asian Fixed Income?
Asia (ex Japan) continues to be the fastest growing region in the world. Its financial markets have seen a significant increase in breadth and depth in recent years. The size of the Asian bond market, in particular, has more than doubled over the past five years.
Considerable improvements in market liquidity, corporate governance and supportive policy initiatives have underpinned this growth. Equally, increased reliance on debt markets stemming from capital needs is expected to fuel further growth of bond issuances, especially in the corporate bond sector.
Despite this growth, global allocation to the asset class remains low. The market as a whole is still less efficient compared to developed markets. This can result in pricing inefficiencies that can be opportunistically exploited by skilled managers.
Our Fixed Income Capabilities
Eastspring Investments has more than 20-year history investing in Asian fixed income. Today, we are one of the largest Asian bond managers with USD34 billion1 of assets under management.
Our fixed income expertise is guided by a highly experienced and cohesive team based in Singapore. The close proximity and in-depth local knowledge of Asian bond markets strengthens the team’s ability to identify and optimise value opportunities. At the same time, our significant presence in the Asian fixed income market, distinguished by the substantial assets under our management, allows for efficiencies of scale and augments access to primary bond markets and information from counterparties.
The team has garnered a number of awards over the years, having collaborated successfully over many market cycles. Team members are specialists in their respective fields but active team discussions ensure that each member’s strengths are harnessed to incorporate the best ideas into clients’ portfolios.
Our Flagship Funds
At Eastspring Investments, we have a suite of Asian fixed income solutions to meet different investor needs.
Awards and Accolades
The Fixed Income team has received numerous industry awards and accolades as a testament to the depth and stability of the investment team and their robust performance track record. Past performance of the Fund/manager is not necessarily indicative of future or likely performance.
Thomson Reuters Lipper
Fund Awards 2017
Eastspring Investments –
Asian High Yield Bond Fund (Class A)
Best Fund over three years
Bond US Dollar – High Yield category
Best Fund Manager – Bonds Asia Pacific Local Currency
Low Guan Yi
Benchmark Research 2016 /2017
Top 5 Investment Houses in Asian Local Currency Bonds, Singapore
Benchmark Research 2016
Most Astute Investors
Asian Local Currency Bonds, Singapore
Low Guan Yi (Highly commended)
“BEST OF THE BEST”
CIO of the year in Asia,
Ooi Boon Peng
Best Asian Fixed Income,
ASIAN PRIVATE BANKER
Best Fund Provider -
“BEST OF THE BEST”
Asian Bond House
CIO of the year in Asia
Ooi Boon Peng
Best Asian Bond Fund
Eastspring Investments –
Asian Bond Fund Class ADQ
Boon Peng Ooi
Boon Peng Ooi joined Eastspring Investments, the Asian asset management business of Prudential plc, as Chief Investment Officer, in July 2007.
He is responsible for overseeing the management of the firm’s Fixed Income strategies. He is also the Lead Portfolio Manager for Eastspring’s Global, Hong Kong and Japan bond portfolios.
Prior to joining Eastspring Investments, Boon Peng was Chief Investment Officer and Executive Director at UOB Asset Management, Alternative Investments, where he was responsible for the business and investment management of CDOs and credit assets. Prior to joining UOB AM, he was Head of Fixed Income at Fullerton Fund Management Company. There, he oversaw the management of fixed income investments in developed and emerging bond markets. Boon Peng also spent 15 years of his career with the Monetary Authority of Singapore (MAS) where he worked in various areas of the Reserves Management Department, including seven years managing funds out of the MAS New York Office.
In 2014, Boon Peng was conferred the title of “IBF Fellow” by the Institute of Banking and Finance of Singapore. This honour is aimed at recognising industry veterans who have demonstrated mastery of a profession and exemplify thought leadership and commitment to industry development. He was also named CIO of the Year in Asia Asset Management’s Best of the Best Regional Awards for 2014 and 2015.
Boon Peng holds a Bachelor of Science (Building) (Hons) degree from National University of Singapore and is a CFA charterholder.
Wai Mei Leong
Wai Mei Leong joined Eastspring Investments, the Asian asset management business of Prudential plc in September 2007.
Wai Mei is part of the Fixed Income team and is currently the Lead Portfolio Manager for Asian hard currency fixed income portfolios, including the Asian Bond and High Yield Bond Fund. She is also responsible for managing single-country Philippines US dollar bond strategy.
Prior to joining Eastspring Investments, Wai Mei has worked in various capacities in relation to credit including holding positions as Senior Analyst at the Bank of Nova Scotia Asia Ltd, Commerce International Merchant Bankers (CIMB), Malaysia and ABN AMRO Bank, Singapore.
Wai Mei holds a Postgraduate Diploma (Finance) from Melbourne University and Bachelor of Business (Accounting) from RMIT, Australia. She is a Certified Public Accountant.
Guan Yi Low
Guan Yi Low joined Eastspring Investments (Singapore) Limited, the Asian asset management business of Prudential plc, as Portfolio Manager, in 2007.
Guan Yi is part of the Fixed Income team and is currently the Lead Portfolio Manager for Pan-Asian local currency bond portfolios, as well as single-country Philippines and Thai bond portfolios.
Prior to joining Eastspring Investments, Guan Yi was a Portfolio Manager at Bank Pictet et Cie Asia Ltd, where she helped to launch and manage the Asian local currency fund. Before that, she was managing Asian local currency and credit portfolios at Fullerton Fund Management Company and at Standard Chartered Bank Singapore.
Guan Yi holds a Bachelor of Business from Nanyang Technological University, Singapore and is a CFA charterholder.
Wei Ming Cheong
Wei Ming Cheong joined Eastspring Investments (Singapore) Limited, the Asian asset management business of Prudential plc, as Portfolio Manager, in November 2005.
Wei Ming is part of the Fixed Income team and is responsible for managing Singapore and Indonesia single-country portfolios.
Prior to joining Eastspring Investments, Wei Ming was a Senior Dealer in China Construction Bank. He was handling asset-liability management, foreign exchange, and helped to manage the bank’s ACU / DBU fixed income book.
Wei Ming holds a Master degree in Finance from RMIT, Australia, and a Bachelor of Accountancy from Nanyang Technological University, Singapore.
Danny Tan joined Eastspring Investments (Singapore) Limited, the Asian asset management business of Prudential plc, as Portfolio Manager, in February 2004.
Danny is part of the Fixed Income team and is responsible for managing credit-focussed portfolios as well as customised fixed income solutions. Before joining the Fixed Income team in 2010, Danny also worked as Portfolio Manager and Analyst with other investment teams, where he has built up extensive investment experience in a wide range of asset classes, including fixed income, structured credits and equities.
Prior to joining Eastspring Investments, Danny worked as an Investment Analyst with Tecity Management, covering equity and fixed income research.
Danny is a CFA charterholder and holds a Bachelor of Business degree in Financial Analysis (Hons) from Nanyang Technological University, Singapore.
About Eastspring Investments
Eastspring Investments is a leading asset manager in Asia that manages over USD 170 billion (as at 30 June 2017) of assets on behalf of institutional and retail clients. Operating in Asia since 1994, Eastspring is the Asian asset management business of Prudential plc, one of the world’s largest financial services companies.
- 1AUM for Asian Fixed Income team is internally calculated and includes discretionary advisory mandates as at 31 March 2017.