Australian corporate debt has fallen by one sixth, while global debt has risen to almost USD$8 trillion, according to the 2023 Janus Henderson Corporate Debt Index.
Globally, companies around the world took on USD$456 billion1 of net new debt in 2022/23, pushing the outstanding total up 6.2% on a constant-currency basis...
Australian investors flee managed equity funds at record speed for the safety of fixed income and cash
· Equity funds suffer record outflows, but emerging markets buck the trend
· Record outflows for property and mixed asset funds
· Investors focus on fixed income funds – high yields and the prospect of capital gains
· Q2 intensifies...
Asset manager Capital Group has launched Capital Group Multi-Sector Income Fund (AU) (“MSI”) to the Australian market.
MSI combines four key fixed income sectors with distinctive income characteristics – investment-grade corporate bonds, high-yield corporate bonds, emerging market bonds and securitised credit1 – in a single portfolio, offering the potential for...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
Persistent core inflation is keeping central banks guessing and became the biggest worry for markets in June. Central banks reassessed their risks and came down on...
Another Australian state government has issued a green bond to fund various projects to reduce the state's reliance on carbon energy.
Western Australia has issued a 10-year bond raising $1.9 billion support the state's significant investment to decarbonise the electricity grid. The issuance attracted more than $6 billion in bids...
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 yields lifted across the month as growing concerns over the US debt ceiling negotiations came up against inconsistent signals from the local and global economy....
Australian Bond Exchange Holdings Limited (ASX:ABE) has announced it has successfully completed the first near real-time settlement of a corporate bond trade, applying its expertise and proprietary settlement technology to the eAUD Central Bank Digital Currency (CBDC) Ethereum ledger.
The settlement was conducted in the purpose-built “RBA CBDC Wallet” production...
Income Asset Management has sought a controlling stake in FIIG Securities through two offers which values the fixed-income product and service provider at about $27 million according to a report.
The Australian Financial Review says that FIIG has rejected the advances of $1 per share which was upped to $1.10...
