European fund management houses have enjoyed plenty of success in Asia but, according to one, acknowledge they have a long way to go in educating Asian institutions about the opportunities in the Eurozone bond markets.
Jean-Francois Boulier, who runs euro fixed income and credit at Credit Agricole Asset Management in Paris, recently toured Asia to speak with institutions about eurozone bonds. He says European bonds remain a hard sell, particularly among central banks, but the opportunity set is rapidly expanding.
Europe is a little exotic for Asian investors, Boulier says. And European capital markets are very bond-oriented while many Asian institutions are equity-heavy. But as an Asian...