Blog

14th December 2021

PineBridge’s Lau warns US interest rates and China’s policy direction ‘significant’ credit risks in 2022

PineBridge Investments’ Arthur Lau has said he expects the credit default rate in Asia to reduce in 2022 but warned that, more generally, the prospect of rising US interest rates and the heightened property sector risk within China could lead to higher volatility in Asia’s investment grade market.