Investors have weathered the choppy seas of 2008 and the first two quarters of this year look set to remain rough as global growth continues to weaken.
Chew Soon Gek, CIO, Asia at Deutsche Bank Private Wealth Management, believes in playing defensive in the current investment climate and staying focused on liquidity, safety and capital preservation.
As such, she views corporate debt, in particular high-quality investment grade bonds, as a way to protect one's wealth.
"If you look at the yield spread of investment-grade bonds, that’s running at about 4%. It’s really high by historical standards, and there’s still room for that to contract," she says.