The cost of a traditional English breakfast fry-up has jumped reflecting soaring inflation in the UK as the annual inflation rate hit 10.1 per cent this week.
The Office for National Statistics said the consumer price index rose from a reading of 9.4 per cent in June driven by rising...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
After an early June rally, a post Consumer Price Index (CPI) selloff in the local bond market saw diverging yields across the curve. The Australian bond...
Ahmed Fahour’s Latitude Financial (ASX:LFS) is raising funds to fuel growth opportunities by raising about $125million through issuing perpetual, subordinated, unsecured capital notes.
The non-bank lender anticipates paying quarterly, floating rate discretionary distributions, which are cumulative. Latitude expects distributions to be franked at the same rate as dividends on LFS’s...
Unsecured bond holders in Virgin Australia, owed nearly $2 billion, will have their fate decided in the coming weeks with the impending sale of the airline to one of two short-listed U.S.-based bidders.
Virgin most recently raised $325 million through an ASX-listed bond issue and US$425m through the U.S. high...
Specialist high grade bond manager Jamieson Coote Bonds has launched a global absolute return fund providing investors with a defensive alternative that is uncorrelated to traditional fixed income market benchmarks and risk assets.
The company says the fund is suitable for investors looking for income, diversification and defensive investment characteristics.
The...
The Australian Fixed Interest team of Janus Henderson has been bolstered with the appointment of Emma Lawson as Fixed Interest Strategist – Macroeconomics.
The team is led by Jay Sivapalan and manages in excess of $18bn on behalf of clients.
As a senior member of the team, Lawson will contribute to...
Comments from Erik Weisman, Chief Economist and Portfolio Manager, MFS Investment Management
There are three major considerations that impose a challenge to the Fed this month.
First, it looks to me like economic activity is slowing. There are signs of weakening in the hard data.
Second, things that rhyme with inflation look...
Global investment manager Barings has announced it will acquire 100% of Gryphon Capital Partners, the parent company of wholly-owned Gryphon Capital Investments Pty Ltd, which serves as the investment manager of the Gryphon Capital Income Trust (ASX:GCI).
Founded in 2014, Gryphon Capital Investments is an Australian, independently-owned, investment manager focused...
T
he Australian ETF market attracted $4.3b in new cash flows in the third quarter of 2019, the highest quarterly cash flows ever recorded.
The mammoth inflows contributed to the market surpassing $8.9b for the year to date, eclipsing the $8.1b received in 2017 with still three months to go according...
Australia's economy grew by 0.2 per cent in the June quarter, and 1 per cent over the last year, according to data released by the Australian Bureau of Statistics.
It is the weakest rate of annual growth Australia has recorded in years, in seasonally adjusted terms.
Andrew Canobi, Director Franklin Templeton...
