As China slows after a strong 2020 and 2021, there will be policy divergences just as the US and Europe gain, in parallel, momentum.
It is built upon the already existing RMB bond strategy managed by Stephen Li Jen and Monica Wang, both skilled Mandarin speakers with a collective 37 years’ experience of the Chinese context and markets.
Federica Calvetti joins Eurizon strengthening the ESG & Strategic Activism team made up of professionals with consolidated knowledge of environmental, social and governance issues.
China RMB bonds have demonstrated emerging market style returns, with developed market style risk, while
local currency sovereign bond issuance now vastly exceeds dollar issuance.