From Moody's Ratings
Australian US-dollar issuance is dominated by investment-grade issuers that benefit from Australia's (Aaa stable) diversified economy, supported by strong immigration-led population growth and deep pools of capital stemming from its large superannuation (pension fund) sector. Australia’s well-capitalised banks, the largest issuers of Australian US-dollar bonds, are aptly...
As US direct lending continues to grow, the market is getting increased attention from actors across the financial system – not all of it favourable. Michael Smith Co-head US Private Debt, Muzinich & Co, explains why understanding the nuances is essential for investors considering an allocation to the asset...
Scott Solomon, Co-Portfolio Manager of the T. Rowe Price Dynamic Global Bond Strategy shares his comments on why rate cuts may not help the RBA.
A lot can change seemingly overnight in the world of central banks. Looking ahead, we think the second half of 2024 is poised to have...
By Steven Boothe, Head of Investment-Grade Fixed Income at T. Rowe Price
Diminished price discovery, flawed sampling methodologies, elevated transaction costs, an inability for passive investors to participate in new issues, and poor index construction. We agree with many of these. But there are other deeper‑rooted issues that have caused...
By Gareth Abley, Co-head of Alternative Strategies, MLC Asset Management
A perennial challenge for most investors is that the vast majority of the risk in their diversified portfolio derives from equities and bonds. This can work over most long-term periods and is a good basis for many portfolios however, after...
Commentary from Paul Miron, Managing Director and co-founder of Sydney-based private credit provider Msquared Capital, on the importance of transparency in the private credit market.
"As the secured private credit market increases in popularity in Australia, it is evident that the sector is experiencing growing pains. The media is rightfully waiving...
From Paul Chin, Director – Head of Investment Strategy, Jamieson Coote Bonds
Chasing those enticing yields? High yield credit funds can seem like a golden ticket. They promise strong returns compared to other asset classes, which might make them look like the smarter choice. But before diving in, it’s crucial...
Global Asset Allocation Viewpoints and Investment Environment by T. Rowe Price Australia Investment Committee, as at 31 July 2024.
MARKET PERSPECTIVE
Global growth showing increasing signs of cooling along with easing inflationary pressures.
Recent data across labor markets, consumer and businesses pointing toward moderating U.S. growth. European growth supported by services, while...
By Robert Tipp, CFA, Chief Investment Strategist & Head of Global Bonds at PGIM Fixed Income
This year has been a roller-coaster for the bond market as alternating waves of pessimism and optimism mirrored the wide swings in economic data. However, higher yielding sectors, such as high yield corporates and...
