Prudential seeks deeper debt markets to support infra

Asia’s fixed income and currency swaps markets will need to develop further if international investors are to really help fund the region's infrastructure and debt-funding needs, believes the chief investment officer of Prudential Corporation Asia (PCA). In an interview with AsianInvestor in mid-December, Stephan van Vliet said insurers like his organisation should encourage the development of local currency bond markets. “We can play a role throughout the region and consider ot…