Central European Fund City Investment debt deserves attention-avbox

Central fund: the city voted debt concern – reporter Li Liang in January, the bond market is still a continuation of last year since December the allocation of enthusiasm. In this regard, the Sino European Fund Zhao Guoying believes that in the current market environment, the need to pay attention to the short end of the high yield or will restrict the long end of interest rates down space, even if the funds allocation enthusiasm is still enthusiastic, but the market is expected to change once or will ignite unstable emotions. In the large asset allocation, the city debt is still worthy of attention. From an investment perspective, central fund Zhao Guoying believes that the categories of asset allocation in credit debt, still can focus on the city to vote bonds, especially those about rate into government debt, in municipal construction, infrastructure, low-income housing, environmental governance functions, and can enjoy the local welfare city debt replacement investment platform is worthy of attention. In addition, some enterprises which are in line with the national strategic development direction, and have formed a sound development mechanism, the company’s financial stability and sustained profitability are also worthy of attention, such as medical, health, environmental protection, media, cultural industries and other emerging industries in the part of the bond. For the possible drop point in 2016, the Sino European Fund Zhao Guoying believes that we need to refer to the pace of local bond issuance, as well as exchange rate depreciation of foreign exchange reserves and other factors. Sina statement: this news is reprinted from Sina cooperation media, Sina published this article for the purpose of transmitting more information, does not mean to agree with its views or confirm its description. This article is for reference only and does not constitute investment advice. Investors operate accordingly and take risks at their own expense. Enter Sina Financial shares] discussion

中欧基金:城投债值得关注   □本报记者 李良   1月份,债市仍延续去年12月以来的配置热情。对此,中欧基金赵国英认为,在当前市场环境下,需关注短端收益率的高企或将制约长端利率下行的空间,纵使资金配置热情依然踊跃,但市场预期一旦发生变化或将引燃不稳定情绪。在大类资产配置方面,城投债依然值得关注。   从投资的角度看,中欧基金赵国英认为,在信用债的大类资产配置上,依然可以重点关注城投债,尤其是那些大概率能纳入政府债务,以市政建设、基建、保障房、环境治理等职能为主的,并可以享受地方债务置换福利的城投平台更是值得关注。此外,一些符合国家战略发展方向,并已形成良性发展机制、公司财务稳健且持续盈利能力强的发债企业也值得关注,如医疗健康、环保、传媒文化行业等新兴产业中的部分债券。对于2016年可能的降准时点,中欧基金赵国英认为,还需要参考地方债发行节奏以及汇率贬值对外汇储备消耗程度等因素。 新浪声明:此消息系转载自新浪合作媒体,新浪网登载此文出于传递更多信息之目的,并不意味着赞同其观点或证实其描述。文章内容仅供参考,不构成投资建议。投资者据此操作,风险自担。 进入【新浪财经股吧】讨论相关的主题文章: