New Asian Corporate Bond Fund

in Press Releases

Locker Global Management, Ltd. Announces Plans to Launch a New Asian Corporate Bond Fund.

Press Release, Tokyo, Date 7th January 2016

The Fund will be trading in South East Asia (SEA) and Chinese Corporate Bonds. The new Fund, designated, Locker Asian Corporate Bond Opportunity Fund, Ltd. will provide private client investors and institutional buyers with a better exclusive access to SEA and Chinese corporate debt markets.

“Quality yield advantages will be our Fund’s objective”, assured Locker. “Specifically, The Fund will be limited to those Corporate Bonds of SEA companies traded on the Singapore Exchange (SGX) platform as well as China Corporate Debt issued on the Hong Kong Stock Exchange (HKEs).” Continued CEO Graham Roberts.

These designated exchange listing and platform trading requirements will limit the Fund’s portfolio selections to quality SEA Corporates and Chinese Company Debt. Locker’s initiative will provide customers with access to the fast growing availability of newly issued SEA companies’ debt as well as seamless trading in Chinese bonds on the HKEx. The Fund’s structure, to be determined, will be either a listed ETF or a private closed-end format.

Three new trading platform initiatives will enable the provision of selection efficiency, quality trading and listing standards and liquidity within the portfolio.  

Singapore has launched SGX Bond Pro, a trading platform designed to link buyers and sellers of Asian and specifically South East Asia (SEA) debt (http://www.reuters.com/article/singapore-exchange-bond-idUSL3N13Z1BG20151210). Describing it as the first over-the-counter Asian bonds trading venue, SGX has said that the platform would seek to provide enhanced protection for institutional investors and encourage larger trade sizes.

The Locker Fund plans to target its portfolio breakdown with an SEA debt overweight of 70% and a 30% Chinese exposure, This will make the Fund more price sensitive to the companies of South East Asia (SEA) which are traded on the SGX Bond Pro platform.

Apart from SGX’s initiative, New York based MarketAxess Holdings has launched a trading platform offering bond trading in some currencies, in addition to a corporate debt platform. Meanwhile, Mr Charles Li, CEO of the Hong Kong Stock Exchange (HKEs) said last month it plans to provide greater access to China’s giant bond markets.

“As exchanges rush to grab precious market share in the last global region to embrace electronic bond trading, Locker Global Management, Ltd. plans to be on the forefront in offering private capital clients and institutional investors an efficient and diversified fund accessing these complex Asian debt markets” added CEO Graham Roberts.

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