Late July news of the Federal Reserve (Fed) increasing interest rates another 0.75% and a second negative quarter of economic growth (GDP) has created an uncertain environment for investors going forward. Adding to these concerns is China’s economic slowdown and Europe’s energy shock.
Stephen Dover, Chief Market Strategist, at the...
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...
From Bell Potter
ANZ announced the offer of a new Additional Tier 1 (AT1) capital security, being ANZ Capital Notes 8 (ASX:AN3PK), to raise ~A$1bn on 15 February 2023. The ensuing margin bookbuild on 22 February 2023 was heavily subscribed and resulted in an early closure of the book with...
Comments from Erik Weisman, Chief Economist and Portfolio Manager, MFS Investment Management
The Fed is right where it should be right now. Congratulations are in order, as the central bank has managed to increase interest rates to its desired target and largely price out cuts for the rest of the...
US financial markets are watched closely given the US dollar is still considered the world’s safe haven currency. Recently, Fitch downgraded the sovereign’s credit rating which barely saw markets move. There’s a lot of uncertainty regarding inflation and the direction of interest rates. This article shares two divergent views...
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...
By Magdalena Polan, Head of Emerging Market Macroeconomic Research, PGIM Fixed Income
A changing US-China relationship, the regionalisation of global supply chains and the reemergence of industrial policy in the West are bringing fundamental change to the macro landscape, making it imperative for investors to both manage risk and capitalise...
From Global X ETFs Product and Investment Strategist, Marc Jocum.
Investors today face a challenging economic landscape. In the wake of the Covid-19 pandemic, central banks attempted to curb inflation by raising interest rates at a pace unseen in decades. The resulting decline in real incomes – the fastest ever...
By Robert Tipp, CFA, Chief Investment Strategist and Head of Global Bonds, PGIM Fixed Income
As expected, after the strong interest-rate rally in the fourth quarter of last year, the market was due a rest. Indeed, the longer-duration and higher quality segments of the bond market registered negative returns in...
By Marion Le Morhedec, Global Head of Fixed Income at AXA IM Core
During the past decade, the green bond market has seen exceptional growth.
So far this year, there’s already been $270 billion worth of issuances with 41 new issuers coming into the market this year, pushing the global market...
