Mark Tay is a senior portfolio manager and portfolio analytics specialist at Allianz Global Investors, based in Singapore. He joined the firm in 2012, taking responsibility for Asian fixed income mandates. Prior to joining AllianzGI, Tay worked at HSBC Private Bank where he was in charge of fixed income investments for the discretionary portfolio management team. Before this, Tay was AXA Investment Managers managing Asian fixed income assets. Prior to joining AXA, he spent five years at DBS Group in various roles in equity portfolio management and corporate banking. Tay graduated from Imperial College London with first-class honours in electrical and electronics engineering. He has a masters in finance from the London Business School and is a Certified Financial Risk Manager.
The fund aims to achieve its investment objective through investments primarily in USD denominated Asian debt markets. We invest directly or using derivatives in Interest-bearing Securities issued or guaranteed by governments of the US or of an Asian country or issued by corporates of an Asian country. We invest at least 70% of assets in High Yield-bonds bearing a typically higher risk and higher potential of gains, which at the time of acquisition carry a rating between BB+ until B-. Up to 30% of Sub-Fund assets may be invested in Interest-bearing Securities issued or guaranteed by the US government.
- Hong Kong