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...
Late last year I interviewed Andrew Frankling from Barrington Asset Consulting. Barrington primarily help charities and NFPs invest and I thought it’d be interesting to get his take on the asset class.
Andrew, can you please explain how you see fixed income fitting into a portfolio?
Andrew: We help our clients...
Global Asset Allocation Viewpoints and Investment Environment by T. Rowe Price Australia Investment Committee, as at 31 January 2023.
MARKET PERSPECTIVE
While evidence of slowing inflation and moderating central bank tightening have reduced the probability of a hard economic landing, global growth is still expected to slow as tighter financial conditions...
The global financial system nearly collapsed in September 2008 when “globally significant” bank Lehman Bros failed, insurance company AIG (which insured many securities) had to be bailed out and numerous “mergers” were encouraged by panicked regulators.
The system didn’t nearly collapse early this year when Silicon Valley Bank (SVB) failed, along with...
The fixed income universe incorporates an incredibly diverse range of strategies and approaches designed to deliver alpha returns. Very few target the sector’s ‘Fallen Angel’ bonds that have fallen out of favor and dropped from investment grade to sub-investment grade.
Global fixed income and risk management specialists Insight Investment has...
Global investment manager Franklin Templeton has issued its midyear outlook, which presents market and investment views for the second half of the year and examines uneven global recovery from COVID-19.
The outlook highlighted how emerging COVID-19 variants are adding new economic headwinds in parts of the world, while other countries...
From QIC, Liquid Markets Group
The J.P. Morgan Asia Credit Index (JACI) suite of indices expanded to include a new JACI Asia Pacific Index (JACI APAC) in 2023. The new index includes USD-denominated debt from the Asia Pacific region, expanding coverage of the existing JACI series by introducing new...
The US Fed held rates overnight. In this brief Q&A, Robert Tipp, Chief Investment Strategist & Head of Global Bonds, PGIM Fixed Income reviews the FED performance and believes now is a strategically good time to buy bonds.
How do you rate the success of the Federal Reserve up to...
By Steven Spearing – portfolio manager Apostle funds management.
Why incorporating floating rate securities as part of a fixed income portfolio can help investors manage interest rate risk and improve capital stability.
Central banks around the world have been raising interest rates in 2022 to bring high levels of inflation under...
Following yesterday's RBA rate hike, Mutual Limited CIO Scott Rundell shares his post mortem:
The RBA surprised markets by hiking the official cash rate an additional +25 bps to 3.85% yesterday, and released a particularly hawkish statement. Markets and rates pundits alike were expecting another pause given the RBA’s prior...
