Global investors are turning to Australia for higher returns

BlackRock Head of Global Fixed Income for Apex Navin Saigal claims Australia offers some of the most attractive yields in the developed world as Asia-Pacific markets diverge from the US.

“I think APAC as a whole has shown that it can stand apart from the rest of the world,” Mr Saigal told Sky News host Chris Kenny.

“Asian bonds overall have acted in quite an uncorrelated way from US Bonds.

This has caused inflation to diverge and the bond market to diverge.

“That has created an opportunity for investors to buy a complementary asset through Asia Pacific bonds.

“I think Australia stands out even within the region for having a yield that is one of the highest of the developed markets in the region.”