Fixed income investment manager, Western Asset, part of Franklin Templeton, has updated their outlook for global bonds as inflation continues its downward trend and many central banks approach the end of their tightening cycles.
Robert Abad, Product Specialist at Western Asset says, "Looking ahead six to 12 months, we think...
Global Asset Allocation Viewpoints and Investment Environment by T. Rowe Price Australia Investment Committee, as at 31 July 2023.
MARKET PERSPECTIVE
Despite expectations for slowing global growth in the back half of the year, some regions are proving more resilient in the face of tighter financial conditions, bolstered by strong...
It’s not hard to see why investors and asset allocators are in a dichotomy over when/how/why to consider upping allocations or reallocating to fixed income. Unless a bond market participant – and frankly even then dispersion of view is wide – trying to fathom clear rationale against a noisy...
The three-month Bank Bill Swap Rate (BBSW) is a benchmark for Australian floating rate securities. Not that long ago, the rate was close to zero, which meant those securities earned very little.
Today, it’s a different story. Three month BBSW came close to 4.4% in recent weeks when the market...
The big shock announcement last week in global economic news was the downgrade in the US sovereign credit rating by Fitch.
But the real question we should be asking is does it matter?
After all, there was minimal impact from the decision by S&P to downgrade its US credit rating back...
By Daleep Singh, Chief Global Economist and Head of Global Macroeconomic Research, PGIM Fixed Income
The first half of 2023 was just the latest reminder that we have entered a period of elevated macroeconomic volatility where regime shifts are likely to occur with greater frequency and consequence than experienced in...
Janus Henderson Investors' Credit Risk Monitor tracks key indicators which impact credit portfolios
All three traffic lights monitored by Janus Henderson Investors' credit team continued to flash red in Q2 2023.
Disparity between nominal growth and real growth, combined with high inflation, has allowed nominal earnings at companies to stay...
By Robert Tipp, CFA, Chief Investment Strategist and Head of Global Bonds, PGIM Fixed Income
The young bond bull market that started last year took a performance pause in the second quarter as yields unwound some of the first quarter's flight-to-quality rally triggered by the US regional bank crisis. Markets...
The RBA’s upcoming decision
FY24 first-half outlook
The benefits of an ethical FI portfolio
There’s a perception among some that there’s a tradeoff between investing ethically and good performance and ultimately, returns. In reality, ethical investing offers strong long-term performance.
Fixed income portfolios are ideally aligned to ethical investors' objectives...
Central Banks Yet To Win Battle Against Inflation, Interest Rate Hikes Likely To Continue
Global economic activity has proved stronger than seemed likely at the start of the year, given the scale of supply-side shocks that had fuelled inflation and eaten into disposable incomes over the previous 12 months. Several...
