Schroders' De Mello: Three big macro risks for Asian markets

Asian markets still face three key hurdles on their path to recovery, according to Schroders' head of Asian fixed income, Rajeev De Mello.

Countries across Asia have benefitted from a pickup in exports of late, fuelled by an increase in capital expenditure in the US, but De Mello (pictured) said this recovery may be fragile. While that would, on paper, be a negative for his asset class, he also highlighted two other factors which could weigh on bonds. Slow recovery The US disappointed investors in the first quarter with a 2.9% drop in GDP - a far more significant slowdown than expected, even taking into account the adverse weather conditions of the winter months. "One of the key risks is the global economic recovery n...