Following a challenging year for investment markets, Jay Sivapalan, Head of Australian Fixed Interest, discusses the key events and factors shaping the outlook for the year ahead.
Key takeaways:
• Whilst central banks had to act swiftly to arrest inflation, the pace of tightening in most regions has slowed and should...
Frank Uhlenbruch, Investment Strategist in the Australian Fixed Interest team, discusses the key events of 2022, the challenges and surprises faced by the economy and what to expect in the year ahead.
Key takeaways:
Despite the challenges faced in 2022, the economy has been surprisingly resilient.
With few signs yet...
Investors have endured a tough year. Barry Gill, Head of Investments, UBS Asset Management, introduces the year-end edition of their investment publication and discusses the issues facing investors over the months ahead.
Wow! What a tumultuous period this has been. It seems as if we have been riding a tidal...
Interest rates rises are starting to slow and many economists are suggesting we are nearing peak rates. If you agree, then it’s time to start thinking about adding interest rate risk, also known as duration.
Once interest rate expectations start to reverse, fixed-rate bonds will outperform.
Last week I looked at...
Amundi Asset Management has released a new paper covering its 2023 Investment Outlook, titled “Some light for investors after the storm."
We present here the CIO convictions from Vincent Mortier (Group CIO) and Matteo Germano (Deputy Group CIO).
“2023 will be a two-speed year, with plenty of risks to watch out...
J.P. Morgan Asset Management has released its 2023 Long-Term Capital Market Assumptions (LTCMAs), providing a 10-15-year outlook for risks and returns and assessing that asset markets today offer the best potential long-term opportunities in more than a decade, driven by lower valuations and higher yields.
“The latest LTCMAs forecast...
Fixed income offers more attractive valuations and higher income than equities again. In addition, fixed income has historically offered lower volatility than equities, as well as de-risking solutions and potential diversification benefits. Now is the time to consider bonds.
#1. Fixed income has become relatively cheap. The valuation of fixed income has...
Are we nearing the top of the interest rate cycle?
Perhaps. One sign that might suggest we are close was this week’s announcement of October’s retail sales rates. Rates declined unexpectedly with spending down 0.2%, when it was projected to increase by 0.6%, perhaps a signal that the RBA’s cash...
Elizabeth Moran takes a look at BetaShares' new Interest Rate Hedged Australian Investment Grade Corporate Bond ETF (HCRD) and suggests some advantages and disadvantages.
It’s always exciting to see new fixed income products come to market and last week, BetaShares’ announced its new fixed income ETF, HCRD, which hedges a...
Last week I interviewed Darren Wills, BlackRock’s APAC Head of Fixed Income in iShares and Institutional Index Investments. Darren shares much in this interview including his strategic asset allocation views, the case for using fixed-income ETFs alongside direct investment and current market themes and trends.
Darren Wills - Thinking about...
