All sorts of companies and people extend credit. Fixed income credit is essentially the activity of lending to groups other than governments, which generally...
Guest author Phil Strano from Yarra Capital Management illustrates why it’s important for bond investors to understand if they are investing in a holding...
A conventional approach to “risk” in fixed income is the idea of a single obligor default risk, i.e. the risk of an individual borrower...
As inflation risks continue to evolve, especially in the United States, the United Kingdom and most of the emerging markets, followed by the Eurozone,...
Safety Concerns
We have written and spoken about the shortage of “safe havens” or high-quality assets in the world.
There exists an ever-pressing need for...
Fixed income offers more attractive valuations and higher income than equities again. In addition, fixed income has historically offered lower volatility than equities, as well as...
Recent new issues by NAB, Macquarie, and Ampol might have you thinking about adding capital notes, sometimes called ‘hybrids’ to your portfolio. In this...
Interest rates rises are starting to slow and many economists are suggesting we are nearing peak rates. If you agree, then it’s time to...
Australian investors are largely denied the same range of investment choices as investors in other developed nations and should be outraged.
Corporate bonds mostly remain...
Article contributed by asset manager Ninety One
China’s inclusion into major bond indices is an exciting step for this asset class. We look at five...


































