Home Insights

Insights

All contributed articles by third-party authors

As more Australians increase their allocations to government and corporate bonds, it is important to understand the two different ways you can make an investment. Just like shares, you can either buy and sell them directly or you can have someone else manage them for you. In the fixed income...
Non-government debt, also known as credit or corporate bonds, is a key part of the broader fixed income universe. Historical performance data shows that credit has favourable risk and return characteristics that can complement an allocation to cash, government debt, and riskier assets such as equities. However, credit is a broad...
Gold has been having a dream run, performing exactly as it should in stressed markets. The yellow metal is up around 30 per cent in six months (even allowing for a mid-week swoon on the back of profit-taking ). Six months ago it was trading at US$1,474 per ounce -...
Barry Ziegler, Head of Fixed Income at Bell Potter talks about his fascinating career and experience. Barry was involved in bringing the first retail hybrid, the National Australia Bank NABHAs to market 21 years ago, and gives us his views on the state of the hybrid market. What first attracted...
As published in The Australian on Saturday 15 June 2020 Virgin Australia’s administration is a recent low point for Australian financial markets, with mums and dads being caught holding corporate bonds that may prove worthless. The airline business is inherently risky. Oil prices, currency fluctuations, a commodity-like service and the threat...
The COVID-19 pandemic upended financial markets and delivered an enormous shock to the global economy. It forced a rapid transition from late cycle into the downturn phase of the global credit cycle. Here, U.S.-based, Loomis Sayles & Company shares its analysis of the credit cycle and key factors they’re...
As investors move through life, their appetite for risk and reward changes. It’s common for older investors to choose lower risk investments as they have less time to remedy any losses if they occur. While there are no set ‘rules’ for asset allocation by age, one of the most famous...
Credit ratings are important indicators of risk and return in fixed income markets. They give investors an indication of the perceived future risk they are taking and measure the perceived risk of future failure to pay promised income or capital at maturity. A high credit rating, in the AAA, AA or...
In a market where risks have risen, diversifying within asset classes, particularly defensive asset classes, is just as important as having a sound mix of growth and defensive assets, writes Justin Tyler, Director, Daintree Capital. Diversification is a central strategy used by asset allocators to lower a portfolio’s risk and...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook. Market Review A dovish monetary policy shift by the US Federal Reserve (Fed), with an elevated focus on full employment and shift towards a 2% average inflation target, buoyed risk appetite....

Recent Articles

Most Popular

high yield bond

Value Has Returned to High Yield

By Michael Della Vedova, global high yield portfolio manager at T. Rowe Price Volatility has propelled high yield bond spreads to their highest levels since...
capital notes

Capital Notes – What Are They and Should You Invest?

The Australian bank capital note market has long been favored by income investors and is worth around $30 billion. Recent issues mean it's worth...
meta bond deal

Meta Jumps Into Bond Market For First Time

Facebook's parent company Meta Platforms Inc. asked Morgan Stanley, JPMorgan Chase & Co., Bank of America Corp., and Barclays Plc to canvas investors for...
MyState Bank

MyState Bank Pitches a New Hybrid

In a rare move, MyState Bank is sounding out investors about a new, wholesale over-the-counter hybrid issue (known as capital notes in the ASX...
Westpac Capital Notes 9

Westpac Prepares $750m Capital Notes 9 Hybrid Deal

Westpac Banking Corporation has engaged syndicate brokers to raise $750 million through the launch of its Capital Notes 9 hybrids issue. Pricing of Westpac Capital...