Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
Bond markets worry about stubborn inflation pressures, moving to price a higher for longer rate environment. Against this backdrop, the Australian bond market, as measured by...
First Sentier Investors (formerly Colonial First State Global Asset Management) has announced that it is closing four investment teams including Australian Fixed Income, Global Credit, Equity Income and Emerging Companies.
Ten funds will be affected including:
CFS Wholesale Indexed Australian Bond (CFSIL)
First Sentier Australian Bond (CFSIL)
First Sentier Diversified...
Suncorp Group has announced the launch of an offer of Capital Notes 5 to raise approximately $300 million and at the same time revealed it had filed warning notices with the Australian Prudential Regulation Authority over stress-testing requirements.
Capital Notes 5 are being issued as part of Suncorp's ongoing funding...
Franklin Templeton has announced the launch of two active Exchange Traded Funds (ETFs) today on the Australian Securities Exchange.
This opens new avenues for Australian investors to diversify their portfolios and gain access to global and domestic investment opportunities through two of the firm's flagship funds: the Franklin Australian Absolute...
This week, S&P Global announced widespread credit rating upgrades on Australian banks.
It upgraded all bank additional Tier 1 securities, known as hybrids or capital notes, as well as all Tier 2 securities, otherwise called subordinated bond issues. Credit ratings of New Zealand subsidiaries were also raised based on the...
The Federal Court has found Vanguard Investments Australia contravened the law by making misleading claims about certain environmental, social and governance (ESG) exclusionary screens applied to investments in a Vanguard index fund.
At a hearing before Justice O’Bryan on 8 March 2024, Vanguard admitted to engaging in conduct that was...
CSL Limited (ASX:CSL) last week priced US$1.25 billion corporate bonds in the United States 144A/Reg S market.
The notes will be issued by CSL Finance Plc and guaranteed by the parent company, CSL Limited, and certain of its subsidiaries. The principal amount, tenor and coupon for the notes are:
• US$500m...
The Australian Government is planning to issue the first Green Treasury Bond between April and June 2024 and will shortly commence a roadshow ahead of the first issue.
The bond will mature in June 2034. The four-week roadshow will be held in Australia, the UK, Europe, and Asia.
Commonwealth Bank of...
T. Rowe Price has launched the Global Government Bond High Quality Fund as the firm’s seventh Australian Unit Trust (AUT) for wholesale and institutional investors.
The fund seeks capital appreciation and interest income by investing primarily in bonds issued by high quality governments, government-related entities and government agencies located around...
