The Federal Court has found Vanguard Investments Australia contravened the law by making misleading claims about certain environmental, social and governance (ESG) exclusionary screens applied to investments in a Vanguard index fund. At a hearing before Justice O’Bryan on 8 March 2024, Vanguard admitted to engaging in conduct that was...
Australian non-bank lender Wisr has launched A$225 million of asset-backed securities (ABS) as the company "aggressively" pursues its growth target. ABS is a form of investment collateralised by a pool of assets that usually generate a cash flow from debt, such as loans. ABS are an alternative to other debt instruments...
The company behind the National Broadband Network has issued a three-year, A$825 million bond deal. A fixed-rate tranche of $400 million has a coupon rate of 0.75% and a margin of 40bp/s-q swap. A FRN tranche of $425 million has a coupon rate of 3m BBSW +40bp and a margin...
Aberdeen Standard Investments is withdrawing three Australian fixed income funds from the market as it “...has decided to cease the management of Australian fixed income products for Australian clients, as part of a strategic reconfiguring of the business," according to a statement from the company. The three Aberdeen funds that...
As published in The Weekend Australian on 26 June 2020 In the frenzied final days of the sale of Virgin Australia, more than 5000 local bond investors suddenly found themselves centre stage. The surprise departure of Cyrus Capital meant that for a very short time there were two remaining bidders for...
J.P. Morgan Asset Management (JPMAM) has announced the launch of JPMorgan Income Active ETF (Managed Fund) ("JPIE"). The ETF is trading and listed on Cboe Australia as JPIE. JPIE, the first fixed income active ETF that JPMAM brings to Australian investors, is a bottom-up active fixed income strategy, seeking to deliver...
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...
Investors have been given exposure to a portfolio of listed hybrid securities issued by the ‘Big 4’ Australian banks through the launch of BetaShares' new hybrid exchange traded fund (ETF). BetaShares said its new Australian Major Bank Hybrids Index ETF (ASX: BHYB) aimed to provide an option for investors challenged...
Aberdeen Standard Investments has officially become 'abrdn' in a change the UK asset manager argues reflects its "future-focused global growth strategy". The new name is pronounced “Aberdeen” and is all lower case.  The official change follows an April announcement in which Chief Executive Officer Stephen Bird said the rebranding was “modern, dynamic...
Investment platform provider iPartners has opened up its first basket to investors, which includes bonds from three ASX-listed corporations and Australia Post. A basket is a collection of multiple securities, for example stocks or currencies, which  share certain criteria or themes. The iPartners Bond Basket Secured Note Series 1 is made...

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