Fixed income is the asset class of choice in Singapore, but issuer-risk concerns remain

singapore-and-merlion
Singapore investors tap into the higher yield of fixed income and CLNs

The eurozone sovereign debt crisis and uncertainty about the path of economic growth in the US and China are contributing to the appeal of fixed-income structured products in Singapore, including the search for higher yield that can be met by some credit and asset-swapping plays.

"Investors are focusing mostly on cash fixed-income bonds and cash equities," says Anurag Mahesh, head of global investment and key client solutions for Asia-Pacific at Deutsche Bank Private Wealth Management in

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