Universities in the United States are tapping into the investment market for funds from investors keen to signal their own interest in supporting environmental causes.
Last year, schools issued almost four times as much debt branded with green, sustainability or social labels as the year before. The schools are embarking...
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...
Life insurance company Generation Life has launched a new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.
The company said in a statement, "Available exclusively through financial advisers, Generation Life’s solution, an investment-linked lifetime annuity that pays an income for life - paves...
Scammers are becoming increasingly sophisticated in impersonating financial institutions in an effort to defraud unwitting investors, with Barrenjoey the latest company to issue warnings.
Barrenjoey Capital Partners was formally launched in 2020 with foundation investors Magellan and Barclays. The investment bank now tops the list of M&A advisers in this...
Two Australian non-bank lenders have successfully completed residential mortgage-backed securities issues amid a backdrop of pressure on Australian securitisation markets due to selling-off from UK interests.
Brisbane-headquartered FirstMac has successfully priced a $1.76 billion residential mortgage-backed securities issue, the largest non-bank issue of the year. The deal was split into...
Fixed-income manager Western Asset, part of Franklin Templeton, has forecast that volatility in fixed income markets will decline this year, giving bonds the scope to provide the defensive characteristics needed to offset the risk of price falls in riskier assets.
Anthony Kirkham, Head of Investment Management/Australian Operations for Western Asset, says...
The Australian Office of Financial Management announced on Wednesday following the release of the 2023-24 Budget, that based on Budget forecasts, issuance of Treasury Bonds in 2023-24 is expected to be around $75 billion. Issuance of Treasury Indexed Bonds is anticipated to be between $2 and $4 billion.
In 2022-23, issuance...
Federated Hermes has provided the following markets commentary, looking ahead to the upcoming FOMC meeting, following the US CPI reading, and diving into market sentiment for European Structured Credit.
Geir Lode, Head of Global Equities at Federated Hermes Limited:
"The disinflation trend we have been seeing remains dominant despite a modest...
Queensland Treasury Corporation has issued AUD$2.75 billion of a new 4.75% 2 February 2034 CBI certified green bond through a syndicated process.
This takes QTC's total term debt raised since 13 June 2023 to AUD11 billion towards its indicative funding requirement of AUD14.5 billion for 2023–24.
Issuer ratings are AA+ (Stable) by...
Market backdrop
Despite writing this from a Sydney that is still in lockdown (and expected to remain that way for a while longer) and noting a surge in COVID-19 Delta variant cases circumnavigating the globe, we are surprisingly constructive on the overall economic outlook. Viruses were born to mutate...
