The Asian high yield market appears to be taking off as an issuance tool for companies and as an alternative asset class for investors. What steps need to be implemented to ensure that the asset class grows and matures to its fullest
Is the Asian high yield market different, or does it need to evolve like the US high yield market in order to remain healthy Before examining potentially helpful steps, it may be illustrative to look at high yield markets a year ago in the US and Asia contrast the conditions, and look at why the markets diverged so significantly in the summer of 2002.
Divergence between the US and...
