The 81 high yield bond issuances completed in the Asia Pacific excluding Japan region made last year the busiest on record. However, Evan Thorpe of Dealogic says taking China out of the equation shows that overall market activity ranged at around the same level seen since a decade ago.

Indonesia was the worst-hit country during the Asian financial crisis and summer stirred up bad memories. Stefanie Eschenbacher finds asset managers in Jakarta are focusing on the long-term potential.

Indonesia will have to reinvent the concept of Islamic finance to compete with its rival Malaysia, whose assets dwarf those of all other Asian countries combined. Stefanie Eschenbacher talks to the central bank and other pioneers.

Real estate investments are at the core of many wealth management products, which have been identified as a source of systemic risk to the financial sector in China. Stefanie Eschenbacher looks at the shadow banking sector and the reforms the government is taking.

With emerging market star Brazil set for slower growth fund managers will have to dig deeper to keep the Latin American growth story on tract, finds Nick Fitzpatrick.