Take the express route

Discover the possibilities of the Belt and Road initiative

GLOBAL TRADE*

PROJECTED INVESTMENT*

GLOBAL POPULATION*

The Belt and Road initiative is a systematic and significant development strategy launched by the Chinese government to promote land and sea connectivity along Asia, Europe, Middle East, and Africa and their adjacent seas ("the Belt and Road Region") in order to establish and strengthen economic partnerships and cooperation along these regions. Key infrastructure projects include high speed rail, dry and deep sea ports and natural gas pipelines to facilitate trade.

Source: National Development and Reform Commission, March 2015 ; HKTDC Research "The Belt and Road Initiative", September 2017.
*Source : How Big is the Belt and Road , HKTDC Belt and Road Portal, February 2017.

Capturing Belt And Road Opportunities Through Investment Themes

Improving financial strength
More infrastructure investments to improve productivity and economic growth
Improving financial strength
More infrastructure investments to improve productivity and economic growth
Expanding infrastructure network

Increasing access to internet and wireless communications to create efficiency

Improving energy, commodities, agriculture and basic materials production
Utilizing arable land and increasing self-sufficiency helps bolster economies
Rising consumption sectors
Rising local income benefits consumption and real estate
Modernizing economic corridors
Expanding new businesses in the Western China economy

Investment themes are for illustrative purpose only. Based on current market conditions and subject to change without notice.

Invesco offers a distinct position on Belt and Road,
focusing on both immediate and longer-term opportunities.
Click to find out more.

Accessing Belt And Road
Through Fixed Income

"On average 1 to 5 new issues of the Belt and Road USD bonds occur per trading day." Bloomberg, 2017

Belt and Road fixed income has a high level of:

  • Activity: New Belt and Road bonds are issued everyday.
  • Diversity: A range of sovereign and corporate bonds in Asia, Europe, the Middle East and Africa fuel new economic corridors, funded by China's Foreign Direct Investment.
  • Safety: Quasi-government securities issued from policy banks and state-owned enterprises provide a level of implied protection.
  • Liquidity: Expansion of international, US dollar-denominated bond markets enhances the market liquidity.

Source: Invesco, February 2018. Views are based on the current market conditions. Subject to change without notice.

A Growing Market Awaits

A Growing Market Awaits

Record issuance of Asian USD bonds - up 40% from 2016.
Source: Thomsen Reuters, December 31, 2017

Record issuance of Asian USD bonds - up 40% from 2016.
Source: Thomsen Reuters, December 31, 2017

Source: Bloomberg, HSBC, data as at 31 Dec 2017.

Capital To Fuel Growth

Belt and Road countries are enjoying increased infrastructure investment, which improves their economic productivity and growth.
_______
Increasingly, policy banks and
state-owned enterprises are
issuing USD-denominated bonds.
Growing value of the Belt and Road
international USD bond market.
Source: Bloomberg, HSBC, JPMorgan and Invesco, data as of 10 August 2017
Committed World Bank funding for
Belt and Road infrastructure projects.
These projects will facilitate trade.
Source: World Bank, September 2017. HKTDC, May 2017.
Invesco offers a distinct position on Belt and Road,
focusing on both immediate and longer-term opportunities.
Click to find out more.

Growing Economic Corridors

Belt and Road is connecting China with Asia, Europe, Africa and the Middle East in ways that will benefit current and future generations.

Click the dots to learn more about Belt and Road.

Invesco offers a distinct position on Belt and Road,
focusing on both immediate and longer-term opportunities.
Click to find out more.

"In general, we expect Belt and Road bonds to provide attactive investment opportunities in terms of favorable yields and capital gain potential."

Ken Hu, March 1, 2018

Our experienced fixed income team of 170 investment professionals uses top-down and bottom-up investment processes, globally managing US$312.1 billion AUM.

Invesco's fixed income team manages risk through multiple lenses, resulting in a comprehensive approach.

The team is focused on combining technical, fundamental and credit research with proprietary models to produce target portfolios with "all weather" dynamic allocation.

Source: Invesco, data as at December 31, 2017.

Explore Invesco's
Belt and Road fund

Access the potential of Belt and Road through bonds, using Invesco's fixed income investment expertise.

Please contact your investment advisor today or visit our website for more information.

Fund information:

Investment involves risk. Past performance information is not indicative of future performance. Investors should read the relevant offering document for further details including the risk factors and product features. This website has not been reviewed by the Securities and Futures Commission and is issued by Invesco Hong Kong Limited (景順投資管理有限公司). This website is intended for Hong Kong residents only.

Take the express route

Discover the possibilities of the Belt and Road initiative

Source: World Bank, Invesco; February 2018.

GLOBAL TRADE*

PROJECTED INVESTMENT*

GLOBAL POPULATION*

The Belt and Road initiative is a systematic and significant development strategy launched by the Chinese government to promote land and sea connectivity along Asia, Europe, Middle East, and Africa and their adjacent seas ("the Belt and Road Region") in order to establish and strengthen economic partnerships and cooperation along these regions. Key infrastructure projects include high speed rail, dry and deep sea ports and natural gas pipelines to facilitate trade.
Source: National Development and Reform Commission, March 2015 ; HKTDC Research "The Belt and Road Initiative", September 2017.
*Source : How Big is the Belt and Road , HKTDC Belt and Road Portal, February 2017.

Capturing Belt And Road Opportunities Through Investment Themes

Improving financial strength

More infrastructure investments to improve productivity and economic growth

Expanding infrastructure network

Increasing access to internet and wireless communications to create efficiency

Improving energy, commodities, agriculture and basic materials production

Utilizing arable land and increasing self-sufficiency helps bolster economies

Rising consumption sectors

Rising local income benefits consumption and real estate

Modernizing economic corridors

Expanding new businesses in the Western China economy

Investment themes are for illustrative purpose only. Based on current market conditions and subject to change without notice.

SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs)

_______
are the backbone of Europe's economy
SMEs represent 99% of all businesses in the EU
Since 2012, they have created around 85% of new jobs
and provided 2/3 of total private sector employment in the EU
The European SME community is 90m+ greater than the population of Hong Kong, Singapore and Taiwan combined.
Source: Annual Report on European SMEs 2015/2016 - SME recovery continues, European Commission, November 2016

Invesco offers a distinct position on Belt and Road, focusing on both immediate and longer-term opportunities.

Click to find out more.

A Growing Market Awaits


Record issuance of Asian USD bonds - up 40% from 2016.
Source: Thomsen Reuters, December 31, 2017

*Source: Bloomberg, Invesco, data as of 31 Oct 2017.

Capital To Fuel Growth

_______
Belt and Road countries are enjoying increased infrastructure investment, which improves their economic productivity and growth.
Increasingly, policy banks and state-owned enterprises are issuing USD-denominated bonds.
Growing value of the Belt and Road international USD bond market.
Source: Bloomberg, HSBC, JPMorgan and Invesco, data as of 10 August 2017
Committed World Bank funding for Belt and Road infrastructure projects. These projects will facilitate trade.
Source: World Bank, September 2017. HKTDC, May 2017.

Invesco offers a distinct position on Belt and Road, focusing on both immediate and longer-term opportunities.

Click to find out more.

Growing Economic Corridors


Belt and Road is connecting China with Asia, Europe, Africa and the Middle East in ways that will benefit current and future generations.

Click "Select" to learn more about Belt and Road.

1/3

IMPACTING THE WORLD

The Belt and Road initiative touches an increasing number of the global population and includes countries contributing nearly a third of global GDP.

Source: HKTDC Research "China: Belt and Road Initiative And What It Means", October 2017.

2/3

PRODUCING GLOBAL COMMODITIES

Belt and Road countries are some of the world's largest commodity producers of coal, oil, cement and steel.

Source: World Trade Exports, 2016.

3/3

GROWING ECONOMIES FUELED BY CHINESE INVESTMENT

Source: The State Council Information Office of the People’s Republic of China, Invesco, data as at January 2018.

Through direct investment from China, Belt and Road is helping grow many economies. For example, Nigeria is the largest economy in Africa, receiving planned and actual US$85 billion in China FDI alone.

Source: China Foreign Affairs Ministry, January 2017

3/3

GROWING ECONOMIES FUELED BY CHINESE INVESTMENT

Source: The State Council Information Office of the People’s Republic of China, Invesco, data as at January 2018.

Through direct investment from China, Belt and Road is helping grow many economies. For example, Nigeria is the largest economy in Africa, receiving planned and actual US$85 billion in China FDI alone.

Source: China Foreign Affairs Ministry, January 2017

 
 
IMPACTING THE WORLD
PRODUCING GLOBAL COMMODITIES
GROWING ECONOMIES FUELED BY CHINESE INVESTMENT

Invesco offers a distinct position on Belt and Road, focusing on both immediate and longer-term opportunities.

Click to find out more.

Our experienced fixed income team of 170 investment professionals uses top-down and bottom-up investment processes, globally managing US$312.1 billion AUM.

Invesco's fixed income team manages risk through multiple lenses, resulting in a comprehensive approach.

The team is focused on combining technical, fundamental and credit research with proprietary models to produce target portfolios with "all weather" dynamic allocation.

Source: Invesco, data as at December 31, 2017.

Explore Invesco's Belt and Road fund

Access the potential of Belt and Road through bonds, using Invesco's fixed income investment expertise.

Please contact your investment advisor today or visit our website for more information.

Fund information:

Investment involves risk. Past performance information is not indicative of future performance. Investors should read the relevant offering document for further details including the risk factors and product features. This website has not been reviewed by the Securities and Futures Commission and is issued by Invesco Hong Kong Limited (景順投資管理有限公司). This website is intended for Hong Kong residents only.