Australian investors flocked to bond ETFs in 2023 as rising interest rates made fixed income allocations more attractive, according to data recently released by the Australian Securities Exchange (ASX) and Vanguard.
Australian bond ETFs received A$3.81 billion in cash flows in 2023, a 37% improvement year on year. Global bond...
Leading non-bank lender Firstmac has completed a $1.4 billion RMBS issue – its largest ever public trade – within days of passing the milestone of $11 billion in loans under management.
Managing Director Kim Cannon said a total of 25 institutions had invested in the oversubscribed issue, which was more...
Global investment manager Blackrock has introduced two new fixed income corporate bond ETFs to investors as part of their iShares ETF portfolio.
The two new funds complement the broader iShares fixed income ETF suite of products, offering Australian investors increased flexibility to optimise fixed-income allocations in their portfolios.
Christian Obrist, Head...
Insurance Australia Group this week announced the offer of Capital Notes 3, seeking to raise A$300 million. The offer is part of IAG's capital management strategy and the proceeds will be used for general corporate purposes.
IAG Capital Notes 3 are perpetual, convertible, subordinated unsecured notes, issued by IAG.
On Wednesday,...
Corporate watchdog ASIC is alerting investors about a suspicious Limestonefx website falsely claiming to be associated with an Australian financial service.
ASIC warns the limestonefx.com site, which lists bonds as one of its trading markets, wrongly claims it is associated with Limestone FX Pty Ltd, an authorised representative of Baileyhenry...
Australian investors sharply reduced their subscriptions to managed funds in 2022, according to the latest Fund Flow Index from Calastone, the largest global funds network. Inflows fell significantly across all asset classes, with fixed income funds seeing the sharpest decline.
Figure 1: Calastone net fixed income fund flows, all AU...
A green and sustainable bond fund open to wholesale and retail investors has been launched by Artesian Capital Management and in a short amount of time has beaten its benchmark in each of the five months since inception.
The Artesian Green & Sustainable Bond Fund (AUD) has been running since...
Back in February, National Australia Bank repurchased its perpetual NABHA $2 billion hybrid and since then others have followed.
The latest is Challenger, offering $102 for its CGFPA securities, cleaning up the $47.5 million still outstanding. The offer is open to investors on the register at 22 April 2021 and...
Rising prices are demanding attention from investors and consumers but the underlying forces responsible for rising inflation may not be widely understood.
Michael Bazdarich, Product Specialist and Economist at Western Asset, part of the Franklin Templeton group has moved to dispel six common misconceptions regarding the dynamics of inflation related...
Australian fixed income app, Blossom, has announced it has expanded its product suite with Blossom Plus. The offering, driven by investor demand for loud budgeting, aims to provide a higher return solution to grow wealth amidst the escalating cost of living.
Blossom Plus will provide Australians access to bond investments...
