'Bullish' on EM High-Yield Bonds, Bank of Singapore's Malik Says

The transcript discusses market strategies in 2019, focusing on neutrality and cash overweight. It highlights the impact of Brexit on European equities and the neutral stance on Hong Kong equities. Recent bond market movements are analyzed, with a focus on interest rates and strategies. The discussion shifts to emerging market high yield investments, particularly in the China property sector. The preference for higher quality high yield debt is emphasized, noting its outperformance in various markets.

What was the investment stance for most of 2019 before the shift due to Brexit?

• Bullish on emerging markets

• Overweight in European equities

• Underweight in Hong Kong equities

• Neutral with a cash overweight

What recent event caused a significant drop in bond basis points?

• A shift in European equities

• A gung ho approach to bonds

• A new trade deal

• A hard Brexit

What is the target for re-entering a short position if the treasury is at 1.6?

• 1.6%

• 2.05%

• 1.72%

• 2.5%

Which sector within emerging market high yield has been favored?

• China property sector

• European equities

• US sovereign bonds

• Hong Kong equities

What type of high yield bonds have outperformed in recent times?

• Investment grade bonds

• Double B rated bonds

• Triple C rated bonds

• Single B rated bonds