Janus Henderson Investors’ Credit Risk Monitor tracks key indicators which impact credit portfolios.
• “Cashflow and Earnings” and “Access to Capital Markets” indicators have moved to amber from red over the last quarter, but concerns remain over “Debt Loads and Servicing”.
• The widespread decline in inflation, accompanied by resilient consumer...
FIIG Securities recently published its 2024 Macro Strategy Outlook. Here we republish its Lock Investment Strategy designed to maximise medium term profits while minimising risk. The article suggests 12 bonds that fit to help meet its strategy.
The LOCK strategy involves positioning your portfolio to capitalise on the higher yields...
Economic indicators are weakening in Australia but that doesn’t mean that yields will fall the way many expect says Andrew Canobi, Portfolio Manager for Franklin Templeton Fixed Income.
Canobi says: “We wish we could bring better news but the prognosis for the Australian economy is not good with recession risks...
From asset manager Wellington Management
The nature of economic cycles is changing. Domestic output gaps are expected to be far more important in determining inflation in a particular economy than has been seen over the past 20 years of globalisation. Markets and central banks will take time to adjust, but...
By Daleep Singh, Chief Global Economist, Head of Global Macroeconomic Research, PGIM Fixed Income
If central banks' urgency to return inflation to their respective targets encapsulated an underlying theme of the global economy in 2023, early 2024 starts with assessing the ramifications of their initial success.
It is a fitting time...
Franklin Templeton provides some key macro and investment themes as well an outlook dashboard on their views of sub sectors.
Our growth projections for the United States continue to improve as a “soft landing” becomes the most likely outcome, while other economies may face harsher conditions. US and European central...
After a challenging period for fixed-income markets, conditions look to be right for a better year in bonds according to Aviva Investors.
• The reasons behind the optimistic outlook for government bonds and credit
• Why EM asset prices should remain resilient
• The risks to look out for in 2024
After years...
How the prices of goods and services have changed is not only an enduringly, topical conversation point, it offers a fascinating insight into society and the Australian economy. This article from the Australian Bureau of Statistics looks at how prices and their collection have changed over time to provide...
By Benoit Anne, Managing Director, Investment Solutions Group
While there have been plenty of fears in global markets in the recent past, we believe that the fixed income fear of missing out (FIFOMO) is going to be the new fear that fixed income investors will soon be facing, and a positive one....
There’s growing consensus that rates have peaked and now is an opportune time
to reassess investment options, prime case in point is Term Deposits (TDs) versus actively managed bond funds.
At the end of November 2023, the Yield to Maturity on the Australian Composite Bond index had surged to 4.53%, compared...
