Asia Credit Best Ideas: October 2026
Zerlina Zeng, CFA: Head of APAC Credit Strategy
Pramod Shenoi: Head of Asia-Pacific Research, Head of Financials
Lakshmanan R, CFA, FRM: Head of South & Southeast Asia Corporates, Head of GCC Corporates
Pius Xue, CFA: Senior Analyst
Lim Ze Hao, CFA: Analyst, APAC Financials and GCC Banks
Karen Wu, CFA: Senior Analyst, Financials
Trung Tran: Senior Analyst, APAC Insurance and GCC Banks
Jonathan Tan Jun Jie: Analyst, S&SEA and GCC Corporates
Nicole Chua: Analyst, S&SEA and GCC Corporates
Nicholas Chen: Analyst, East Asia Corporates
Stephanie Sim, CFA: Analyst, Strategy and East Asia Corporates
Zoey Zhou Qianyun, CFA: Analyst, East Asia Corporates
02 October 2026
- How Asian investment grade and high yield markets performed amid shifting rates and sentiment.
- What portfolio themes reveal about credit resilience across financial and corporate issuers.
- Why supply, local liquidity, and global risk sentiment could shape Asian credit conditions.
- Where investors can uncover relative value across currencies, structures, sectors, and maturities.
- Which market signals may guide credit selection and portfolio positioning toward the coming year.
Executive Summary
Asian credit markets face shifting rates, supply dynamics, and global risk sentiment. Careful selection remains essential across regional markets.
Portfolio performance varied between investment grade and high yield credit. Issuer fundamentals created meaningful differences across sectors.
Regional liquidity continues supporting demand for Asian dollar denominated bonds. However, external volatility could challenge current market conditions.
Investors can explore opportunities across currencies, maturities, and capital structures. Flexible positioning may help manage sensitivity to global rates.
Credit research highlights evolving themes across financial and corporate issuers. Therefore, disciplined analysis can reveal relative value opportunities.



