China is the biggest constituent of the Asian fixed income market and it should continue to anchor economic stability in the region along with emerging markets across the world.

That is according to PineBridge Investments’ Citywire AAA-rated Omar Slim, who manages the Pinebridge Asia Pacific Investment Grade Bond fund.

In this video, Slim said he is positive on the state-owned enterprises in China. This echoes Carmignac's which recently said it was positive on the country as well as wider EMs.

Slim also highlighted the fund’s 9.4% allocation to Japan and said he currently prefers the financial issuers, which have been able to add value to the portfolio.