This is a good opportunity to consider appropriate income strategies, including floating rate notes, investment-grade bonds of short duration and other income-oriented investment offering resilient or rising income streams in such an environment, he said. Credit Suisse also recommended investors to put their money in Asian US dollar corporate investment-grade bonds, saying they continue to record positive returns. Woods expected the Fed to raise the interest rate twice in the next 12 months, the first coming in December. Regarding Thailand’s equity market, Woods said that Thai equities have underperformed emerging markets and Asian equities by 15 to 20 per cent, year-to-date, and the valuation remains unattractive. Woods did not expect any meaningful recovery in Thai equities.

Source: The Nation Bangkok August 22, 2017 18:11 UTC