"Duncan Phillips started off as a kind of timid collector, " Ms. Behrends Frank says.

WSJ: A Collaboration of Bees and Man: The Phillips Collection at the Laib Wax Room

"High-grade, government-owned corporates with strategic assets in the largest economy in Asia remain popular with investors globally, " said Duncan Phillips, co-head of debt syndicate in Asia ex-Japan at Citigroup Inc.

WSJ: Sinopec Issues $3.5 Billion Bond, Asia's Biggest in a Decade

"High-grade, government-owned corporates with strategic assets in the largest economy in Asia remain popular with investors globally, " said Duncan Phillips, co-head of debt syndication in Asia excluding Japan at Citigroup Inc.

WSJ: Sinopec Issues $3.5 Billion Bond, Asia's Biggest in a Decade

Duncan Phillips might well agree.

WSJ: A Collaboration of Bees and Man: The Phillips Collection at the Laib Wax Room