"We should see further growth in the bond markets given the region's economies are continuing to expand and with foreign and domestic investors increasingly comfortable with Asian local currency debt,"
Asia is still the hottest destination for China's overseas investment, accounting for more than half of the country's total foreign direct investment, a report by global consulting firm KPMG and China International Contractors Association said.
Its boats typically sell for nothing less than £400,000; with Dublin-born former Formula One boss, Eddie Jordan recently snapping up its latest top-of-the-range model for a reported £20m.
"The rapid growth in [assets under management] we witnessed before 2007 will not come back. The market will be more rational and the next trend is for Chinese money managers to go institutional," he said.
"Our transaction banking business is constantly evolving. We are expanding our capabilities and coverage and constantly trying to fill the gaps across our network in Asia, Africa and the Middle East,
Prudential Fixed Income, a fixed income asset management and advisory business of Prudential Financial (PRU), has added Prudential Investment Management Japan (PIMJ) to its global platform.