Today’s expansive universe of actively managed strategies presents investors with abundant choice, but identifying those with genuine potential to outperform over the long term has become increasingly challenging. Drawing on Morningstar’s comprehensive qualitative manager research, our semiannual publication of Best of Breed - Asia cuts through the noise to spotlight a select group of actively managed strategies available to Asian investors that we believe are truly compelling – underpinned by experienced teams, disciplined investment processes, and durable advantages.
Global Flexible Bonds
In this edition, we focus on global flexible bond strategies. Fixed income has remained firmly in focus for Asian investors seeking steadier returns amid ongoing market volatility, supported by still‑elevated all‑in yields.
Organic Fund Flow Growth Rate by Major Asset Classes (%)
At the same time, growing divergence in global monetary policy has contributed to meaningful dispersion across yields, curves, and currencies. In this environment, globally oriented bond strategies with the freedom to allocate dynamically across regions and sectors come to the fore. These strategies benefit from broader toolkits that allow active adjustments across duration, credit, emerging-market debt, and currencies. In our report, we highlight five such strategies that we believe are well positioned to navigate this complex backdrop through flexible, well‑executed investment approaches.
Our Best of Breed List
For more details on how we selected these funds and why we believe they have investment merit, please visit: Best of Breed: 1H 2026
