Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market review
Volatility returned as markets tried to discount the impact of Russia's invasion of the Ukraine on the global growth and inflation outlook and on central bank tightening timelines. Risk...
Australian Bond Exchange (ABE) has launched a new high yield Australian dollar denominated note linked to a shipping and trade finance fund from TradeFlow Capital Management in conjunction with investment manager Ferguson Hyams Investment Management.
TradeFlow is a fintech-powered commodity investment business which enables physical commodity trading for small and...
Global Markets
Last week was clearly volatile for global markets, with the attack on Ukraine initially causing a risk-off move, followed by a risk-on recovery on relief that Russian sanctions did not extend to oil and gas exports and all the mayhem at least seemingly reduced the risk of a...
Franklin Templeton’s Australia Fixed Income group has called out investment grade corporate bonds for their appealing total return prospects over the next one to two years.
Andrew Canobi, Director, Franklin Templeton Fixed Income, says: “What has caught our eye has been the slow repricing of high-quality investment grade corporate bonds...
NAB came to the Australian market with a huge senior unsecured bond issue late last week.
The transaction was NAB’s largest ever in its home market and equals the third-largest Australian dollar print by a big-four bank. The bank raised AU$4 billion and received bids of around $5 billion, not...
The Australia and New Zealand Banking Group has announced that it is seeking to raise $1 billion through the offer of ANZ Capital Notes 7.
The notes are fully paid, non-cumulative, convertible, transferable, redeemable, subordinated, perpetual, unsecured notes issued by ANZ.
The offer includes a Reinvestment Offer under which eligible Capital...
By Sheldon Chan, Portfolio Manager of Asia Credit Bond Strategy at T. Rowe Price
Asia credit suffered notably last year, prompting investors to think whether it will see the light at the end of tunnel in 2022. While volatility persists, we believe the market remains a high-quality segment of the...
Late last week, Janus Henderson hosted a global media conference, which I attended, and I wanted share with you some of the high level index data observations and 2022 forecasts. The note covers global equities, global bonds and energy.
Global Dividends
Dividends in 2020 were down 12% globally according to the...
Sébastien Page, Head of Global Multi-Asset and Chief Investment Officer at T. Rowe Price, writes regarding recent market volatility and its implication for investors.
The volatile start to the year in financial markets is unlikely to abate soon. Sustained inflation, a looming Federal Reserve (Fed) rate‑hiking cycle, tightening liquidity conditions,...
