Why invest in Asia high yield? Higher yield potential than other fixed income asset classes Attractive risk-adjusted return potential compared to other credit asset classes and Asia equities Lower volatility, higher quality alternative relative to global high yield Less interest rate sensitivity than global investment grade and Emerging Markets Why invest in PIMCO GIS Asia High Yield Bond Fund? PIMCO’s advantage in investing in Asia EXTENSIVE CREDIT RESOURCES We have one of the largest Asia credit research platforms in the industry, with 9 credit analysts and 15 Asia-dedicated portfolio managers. Our Asia team benefits from PIMCO’s global credit research platform, expertise and resources to unlock value. Having strong relationships with issuers and direct access to their management is key to identifying potential rating migration, reverse inquiries and default risks. TOTAL RETURN VERSUS YIELD FOCUS We seek maximum total return, focusing on credit securities with the best risk/ return profile over a full market cycle. The Fund will not stretch for yield to invest in securities that we deem excessively risky. HIGH-CONVICTION, BEST IDEAS APPROACH Using PIMCO’s macroeconomic top-down view, combined with our bottom-up in-depth credit research, as well as valuation screens, our team of analysts identifies the most attractive opportunities. The Fund maintains exposure to only 30-40% of the names in the index Footnote 1 , focusing on our best ideas. Three key roles the Fund plays in a portfolio Diversifier Asia high yield has an estimated correlation of 0.6 with the S&P 500 Index, which can be an alternative source of market beta for equity-heavy portfolios. Its negative correlation with U.S. government bonds can be a good diversifier for core fixed income portfolios. Yield enhancer As we expect global interest rates to be lower for longer, the Fund can help enhance the yield level of a portfolio. Provider of decent risk-adjusted returns Return is an important factor to investors. On a risk-adjusted basis, Asia high yield has historically outperformed Asia equities, global high yield and EM external debt. Filters: Filters: Reset All Filters XClose Filters Dropdown Topic/Tag Tags Reset Close Download ({{cCtrl.itemsToDownload.length}}) Empty Remove {{selOpt}} Filter () filters applied HELPING INVESTORS NAVIGATE THE ASIA FIXED INCOME MARKETS Filter By: Section : Date : Experts : Remove Filter Reset All Featured 17 April 2024April '24 Save Chart Download https://www.pimco.com.sg/en-sg/yb9l3fj4f9s Copy Link Share Viewpoints Q2 2024 Update from the Asia Trade Floor(video) Q2 2024 Update from the Asia Trade Floor What is driving the performance of the Asia credit market? Join the discussion between Asia portfolio manager Stephen Chang and credit product strategist Jingjing Huang. Featured 07 February 2024February '24 Save Chart Download https://www.pimco.com.sg/en-sg/y9hq7kj2kwf Copy Link Share Viewpoints 2024 Asia Pacific Market Outlook: 4 Themes Investors Should Watch 2024 Asia Pacific Market Outlook: 4 Themes Investors Should Watch The U.S. Fed’s potential rate cuts should stabilise the Asia credit market overall, but have a mixed impact on the region’s economies. Featured 01 February 2024February '24 Save Chart Download https://www.pimco.com.sg/en-sg/9g1wn9fzjq1t Copy Link Share Viewpoints Q1 2024 Update from the Asia Trade Floor(video) Q1 2024 Update from the Asia Trade Floor Recession or soft landing? Asia Portfolio Manager Stephen Chang discusses PIMCO’s 2024 outlook for China, Japan and emerging Asia, and what it means for investors. Featured 26 October 2023October '23 Save Chart Download https://www.pimco.com.sg/en-sg/x5shpxv4w7j Copy Link Share Viewpoints Q4 2023 Update from the Asia Trade Floor(video) Q4 2023 Update from the Asia Trade Floor What key themes should investors be watching over the next year? What does China’s slowing economy mean for the world? Asia Portfolio Manager Stephen Chang shares insights with Jingjing Huang. Featured 01 September 2023September '23 Save Chart Download https://www.pimco.com.sg/en-sg/92mj8h6bky2l Copy Link Share Viewpoints Local Government Financing Vehicles: A Growing Risk for China’s Economy? Local Government Financing Vehicles: A Growing Risk for China’s Economy? We believe idiosyncratic credit events may occur over the next 12 months, but systemic bank risk is remote. Featured 11 August 2023August '23 Save Chart Download https://www.pimco.com.sg/en-sg/92lqlkzmb09c Copy Link Share Viewpoints Secular Stars: Why India and Indonesia Are Set to Shine as Global Economic Leaders Secular Stars: Why India and Indonesia Are Set to Shine as Global Economic Leaders We believe the two resource-rich economies – once labeled fragile – will be global growth leaders over the next several years, driven by prudent policies and stable macro fundamentals. Fund Information Download Fund Literature get_app
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Viewpoints Q2 2024 Update from the Asia Trade Floor(video) Q2 2024 Update from the Asia Trade Floor What is driving the performance of the Asia credit market? Join the discussion between Asia portfolio manager Stephen Chang and credit product strategist Jingjing Huang.
Viewpoints 2024 Asia Pacific Market Outlook: 4 Themes Investors Should Watch 2024 Asia Pacific Market Outlook: 4 Themes Investors Should Watch The U.S. Fed’s potential rate cuts should stabilise the Asia credit market overall, but have a mixed impact on the region’s economies.
Viewpoints Q1 2024 Update from the Asia Trade Floor(video) Q1 2024 Update from the Asia Trade Floor Recession or soft landing? Asia Portfolio Manager Stephen Chang discusses PIMCO’s 2024 outlook for China, Japan and emerging Asia, and what it means for investors.
Viewpoints Q4 2023 Update from the Asia Trade Floor(video) Q4 2023 Update from the Asia Trade Floor What key themes should investors be watching over the next year? What does China’s slowing economy mean for the world? Asia Portfolio Manager Stephen Chang shares insights with Jingjing Huang.
Viewpoints Local Government Financing Vehicles: A Growing Risk for China’s Economy? Local Government Financing Vehicles: A Growing Risk for China’s Economy? We believe idiosyncratic credit events may occur over the next 12 months, but systemic bank risk is remote.
Viewpoints Secular Stars: Why India and Indonesia Are Set to Shine as Global Economic Leaders Secular Stars: Why India and Indonesia Are Set to Shine as Global Economic Leaders We believe the two resource-rich economies – once labeled fragile – will be global growth leaders over the next several years, driven by prudent policies and stable macro fundamentals.