The world's leading bond investment firm - Pimco - is making a heavy push into Asian sovereign debt.
"The entire region is an area where we are certainly focusing our attention," Chief Operating Officer of Pimco Douglas Hodge told CNBC on Tuesday, at the sidelines of the World Capital Markets Symposium in Kuala Lumpur.
With developed countries continuing to face "enormous headwinds", he believes that "the emerging world is in a much better position to generate growth".
He noted that Malaysian and Indonesian sovereign bonds look most attractive at this point in time. But he is "a little wary" of investing in Thailand due to the political instability hanging over the nation.