Asian Bond Fund 2
Local market managers |
Single market fund
|
Manager
|
ABF China Bond
Index Fund |
China Asset
Management |
ABF Hong Kong
Bond Index Fund |
HSBC Investments
|
ABF Indonesia Bond
Index Fund |
PT Bahana TCW |
ABF Korea Bond
Index Fund |
Samsung Investment
Trust |
ABF Malaysia
Bond Index Fund |
AmInvestment
Management |
ABF Philippines
Bond Index Fund |
Bank of the Philippine
Islands |
ABF Singapore
Bond Index Fund |
DBS Asset Management |
ABF Thailand Bond
Index Fund |
Kasikorn Asset
Management |
| Source: Asia Bond Fund |
Fund managers for the nine new funds launched under the auspices of the Asian Bond Fund 2 initiative (ABF2) have been selected.
ABF2 is the latest stage in a co-operative project launched by 11 central banks and monetary authorities in the East Asia and Pacific region designed to promote the development of regional bond markets. By investing in local currency bond issues, the region's central bankers hope to reduce dependence on the US dollar debt markets that caused such difficulties during the 1997-8 Asian financial crisis.
