In its heyday, Peregrine played a pioneering role in the growth of the Asian debt markets. Damien Wood was one of its star analysts. Today he is head of fixed income research at ING Barings.
Do you look at both high yield and high grade Or do you tend to be more focused one or the other
The skew is on high yield rather than high grade. We are trying to look at credits where we can add value, where people will take the time to look at our research - whereas if we wrote about MTR it doesn't really matter if we write the world's best report, because what people want to know...