KPMG’s Australian Major Banks Full Year 2023 Results Analysis finds that the Majors reported a combined cash profit after tax from continuing operations of $32.5 billion, up 12.4 percent compared to FY22. The combined cash profits for the first half of FY23 amounted to $17 billion compared to $15.4...
From Fraser Lundie, Head of Fixed Income – Public Markets, Federated Hermes Limited
Amid the significant uncertainty facing corporate credit investors today, several bright spots remain. So-called ‘Rising Stars’ – where credit quality and ratings are transitioning from High Yield to Investment Grade – are undoubtedly one of these, and...
Cautious approach to risk assets: Over 80% of insurance firms express a cautious stance towards risk assets, signalling an intent to reduce exposure over the next six months.
Strategic shifts on the horizon: 90% of insurers have either implemented or plan to make strategic shifts in their asset allocation strategies...
By Nikolaj Schmidt, Chief International Economist, T. Rowe Price.
Recently, we have seen the 10-year US government bond rise above 5 per cent again, while a 30-year mortgage in the US has reached 8 per cent. The market expects that the high interest rate levels created by the historically aggressive...
What is the difference between private debt and private credit? Not much, the terms are interchangeable according to these two industry experts.
Nayef Perry, Head of Direct Credit – Hamilton Lane
Why choose private credit?
Investors typically choose to invest in private credit based on consistency of performance over long periods, downside...
Investment grade, Australian subordinated debt is highly sought after at the moment in the over-the-counter (OTC) bond market. With yields approaching 7% p.a. it’s seen as attractive and demand is outstripping supply.
A key theme when investing in bonds is to think about the ‘survivability’ of the institution you are...
Chief Investment Officers from Franklin Templeton specialist investment managers share their view on corporate health in the US across fixed income and equities asset classes.
Michael Buchanan, Co-Chief Investment Officer, Western Asset says: "Corporations continue to operate conservatively with elevated levels of cash on hand. In this environment, I'm not 100%...
ETF investors continue to show strong interest in personalization; Familiarity with direct indexing grows - A report from Schwab Asset Management in the U.S.
Fixed income has been in focus this year and surprisingly, Millennial ETF investors are gravitating toward this asset class more than their older peers, according to...
Darrell R. Spence is an economist at Capital Group. He has 29 years of investment industry experience, all with Capital Group. He holds a bachelor’s degree with honors in economics from Occidental College graduating cum laude. He also holds the Chartered Financial Analyst designation and is a member of...
Janus Henderson Investors' Credit Risk Monitor tracks key indicators which impact credit portfolios
An increased number of corporate defaults is expected in light of high yields and reduced access to affordable capital – though this impact will be lagged.
All three traffic lights monitored by Janus Henderson Investors' credit risk team...
