Green bonds gain popularity, a defensive bet as coronavirus pandemic weighs on markets, investment managers say

As banks and other publicly traded companies face pressure to demonstrate the measures they are taking to address climate change, green bonds are gaining popularity among issuers and investors in the Asia-Pacific region, in part because of their defensive tilt, according to investment managers.Green bonds – fixed income products designed to fund projects that are positive for the environment – held up better than investment-grade corporate credit during the recent sell-off in the financial…

Read the original article at South China Morning Post