Non-government debt, also known as credit or corporate bonds, is a key part of the broader fixed income universe. Historical performance data shows that credit has favourable risk and return characteristics that can complement an allocation to cash, government debt, and riskier assets such as equities. However, credit is a broad...
Barry Ziegler, Head of Fixed Income at Bell Potter talks about his fascinating career and experience. Barry was involved in bringing the first retail hybrid, the National Australia Bank NABHAs to market 21 years ago, and gives us his views on the state of the hybrid market.
What first attracted...
High grade sovereign (or government) bonds remain as relevant as ever in an uncertain and complex market environment.
Today’s bond yields are indeed low, and some investors may be finding it difficult to justify a portfolio allocation to high grade bonds. However, research and experience shows that in periods of...
Credit ratings are important indicators of risk and return in fixed income markets.
They give investors an indication of the perceived future risk they are taking and measure the perceived risk of future failure to pay promised income or capital at maturity.
A high credit rating, in the AAA, AA or...
In a market where risks have risen, diversifying within asset classes, particularly defensive asset classes, is just as important as having a sound mix of growth and defensive assets, writes Justin Tyler, Director, Daintree Capital.
Diversification is a central strategy used by asset allocators to lower a portfolio’s risk and...
The COVID-19 pandemic upended financial markets and delivered an enormous shock to the global economy. It forced a rapid transition from late cycle into the downturn phase of the global credit cycle. Here, U.S.-based, Loomis Sayles & Company shares its analysis of the credit cycle and key factors they’re...
Socially conscious investors have been putting their money where their mouths are and starting a wave of investments in companies and funds that follow environmental, social and governance (ESG) criteria.
These criteria measure how a company performs as a steward of nature; manages its relationships with employees, suppliers, customers and...
A new digital portal dedicated to providing personal investors and advisors with news, education and insights about Australia's $1.5 trillion fixed income sector will include the country's first free, independent database of fixed income ETFs and managed funds.
Fixed Income News Australia (fixedincomenews.com.au) is a joint venture between Australia's leading...
