Shan Kwee, CFA, Portfolio Manager in the Janus Henderson Australian Fixed Interest Team, discusses how despite a tough 2022, opportunities still exist in credit markets for investors who know where to look.
With the La Niña weather pattern inundating us with rain this past year, it’s hard to imagine that...
Major Asset Classes: Equities, Bonds and Cash
Although global bond yields lifted modestly further and forward earnings slipped lower in October, global equities rebounded as hopes of a slowdown in central bank tightening caused a solid bounce in PE valuations and a decline in the equity risk premium. Overall, global...
The RBA raised the official cash rate by 25 basis points to 2.85% in line with market expectations. Apostle Funds Management's Steven Spearing provides his key takeaways.
Key takeaways
The RBA’s priority is to return inflation to 2-3%, and it will do what is necessary to achieve that, but it...
A report from T. Rowe Price Head of Multi-Asset Solutions APAC Thomas Poullaouec and team covering an AU/APAC focus.
MARKET PERSPECTIVE
The global economic outlook remains uncertain as central banks balance reining in high inflation against a weakening growth backdrop.
The US Federal Reserve reinforced its commitment to bring down...
A major danger of assessing sustainable investing is to simplify circumstances deserving of nuance. This is particularly the case for emerging sovereign debt markets, where debt levels and GDP income show only a fraction of the story.
No country can achieve a sustainable growth pattern or an inclusive economic outcome...
One of the great advantages of managing benchmark unaware credit strategies is the greater avenues at your disposal to extract higher risk returns through a cycle. Indeed, as with the Scorpions’ famed 1990 ballad, we believe that ‘listening to the wind of change’ is helping to keep us ahead...
While financial crises are often similar, the excesses of each cycle are unique.
Today’s excesses resulted from central bank policies designed to counter an extended period of slow growth and low inflation.
Amid weakening demand and contracting margins, corporate balance sheets appear increasingly vulnerable.
Financial market crises tend to...
Paul O’Connor, Head of Multi-Asset, Janus Henderson Investors, considers the prospects for growth and interest rates as we move into the final few months of a seismic year for global financial markets.
Although we are still only three-quarters of the way through 2022, it is already clear that this will...
Article sourced from Kapstream Capital
For a time, when interest rates were low, the benefits of investing in fixed income was reduced.
Investors, in their chase for yield, reallocated into higher-yielding and more volatile sectors within the asset class, either going down the credit spectrum, capital structure or giving up liquidity...
From Mark Dove, Junior Credit Portfolio Manager, Federated Hermes Limited
With a global recession looking more and more likely to materialise in the near future, investors will be looking for the best place to allocate their portfolios over the coming months. In our view, investment grade credit looks attractive on...
