|Eric Robertsen |
Global head of FX, rates and credit research and head of global macro strategy, Standard Chartered
With interest rates low and falling across many global markets, high-yielding Asian markets are standing out. Bonds worth over $15 trillion – about a quarter of the debt issued by governments and companies globally – now yield less than zero. Yet 10-year government bonds in countries such as India and Indonesia still yield as much as 6%-7%.
Brighter bond markets
Compounding 7% growth rates
Expecting a virtuous circle
About the Authors
Henrik Raber, Global head of credit markets, Standard Chartered
Henrik is responsible for the Capital Markets, Capital Structuring and Distribution Group and Credit Trading businesses.
He joined the Bank in July 2009 as Regional Head of Capital Markets for Europe, Africa and Americas, and took on the role of Global Head of Debt Capital Markets in March 2010. In Aug 2014, he was appointed as Global Head of Capital Markets, overseeing the Debt Capital Market and Loan Syndications businesses. In April 2017, Henrik was appointed the additional role as Co-Head, Capital Structuring and Distribution Group, where he is jointly responsible for championing the Bank’s Originate to distribute model. He assumed the current role as Global Head of Credit Markets in July 2018.
His role includes the development and implementation of investment and trading strategies across all the major asset classes, and exploring cross-asset investment themes and their implications for asset allocation and portfolio management. He joined the Bank in 2014 from Millennium Capital Partners in London. He previously held roles in cross-asset strategy and portfolio management at Deutsche Bank, and has presented at numerous investor conferences. Eric holds an economics degree from Princeton University.
This material has been prepared by Standard Chartered Bank (SCB), a firm authorised by the United Kingdom’s Prudential Regulation Authority and regulated by the United Kingdom’s Financial Conduct Authority and Prudential Regulation Authority. It is not independent research material. This material has been produced for information and discussion purposes only and does not constitute advice or an invitation or recommendation to enter into any transaction.
Some of the information appearing herein may have been obtained from public sources and while SCB believes such information to be reliable, it has not been independently verified by SCB. Information contained herein is subject to change without notice. Any opinions or views of third parties expressed in this material are those of the third parties identified, and not of SCB or its affiliates.
SCB does not provide accounting, legal, regulatory or tax advice. This material does not provide any investment advice. While all reasonable care has been taken in preparing this material, SCB and its affiliates make no representation or warranty as to its accuracy or completeness, and no responsibility or liability is accepted for any errors of fact, omission or for any opinion expressed herein. You are advised to exercise your own independent judgment (with the advice of your professional advisers as necessary) with respect to the risks and consequences of any matter contained herein. SCB and its affiliates expressly disclaim any liability and responsibility for any damage or losses you may suffer from your use of or reliance on this material.
SCB or its affiliates may not have the necessary licenses to provide services or offer products in all countries or such provision of services or offering of products may be subject to the regulatory requirements of each jurisdiction. This material is not for distribution to any person to which, or any jurisdiction in which, its distribution would be prohibited.
You may wish to refer to the incorporation details of Standard Chartered PLC, Standard Chartered Bank and their subsidiaries at https://www.standardchartered.com/en/incorporation-details.html.