Two Australian non-bank lenders have successfully completed residential mortgage-backed securities issues amid a backdrop of pressure on Australian securitisation markets due to selling-off from UK interests.
Brisbane-headquartered FirstMac has successfully priced a $1.76 billion residential mortgage-backed securities issue, the largest non-bank issue of the year. The deal was split into...
Global research and data group, Preqin, has released its Future of Alternatives 2027 report, which shows that private capital invested is set to double by 2027, while retail interest in alternatives is predicted to fuel the next wave of industry growth.
Despite a challenging macroeconomic outlook, demand for private capital...
From Vanguard’s Senior Economist, Alexis Gray
The Reserve Bank of Australia (RBA) raised the cash rate by 0.25% today, lower than the 50bps markets had anticipated, taking the cash rate to 2.60% for the first time since mid- 2013. It follows the release of August monthly inflation figures last week,...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market Review
Hawkish US Federal Reserve (Fed) forward guidance and an ill-timed UK fiscal package that triggered Bank of England support saw yields lift sharply over the latter part of the...
The Alexander Credit Opportunities Fund has won Best Fixed Income and Credit Fund at the Australian Alternative Investment Awards held in Sydney.
This is the second year in a row Alexander has won the award and the sixth time in nine years.
The Fund was recognised for its ability to produce...
Emergency bond buying by the Bank of England is being implemented to stop a slide in British government bonds. The buying commenced on Wednesday.
“… the Bank is monitoring developments in financial markets very closely in light of the significant repricing of UK and global financial assets,” the Bank of England...
Companies in Australia have turned to the local debt market this year selling a record amount of local currency bonds as domestic borrowing costs rise more slowly than the US and banks replace funding that was cheap due to Covid-era measures.
According to Bloomberg AUD$73 billion has been raised so...
Investors are being warned to be skeptical about the validity of some sustainability-linked bonds (SLBs) amid claims that credible SLBs are becoming harder to find.
Matt Lawton, T. Rowe Price Group Inc.’s portfolio manager for global impact credit strategy, told Bloomberg that they often look like little more than a...
Independent ETF provider ETF Securities has announced its corporate rebrand to Global X ETFs. The rebrand follows Mirae Asset and Global X’s acquisition of ETF Securities Australia in June 2022.
HyeonJoo Park, Founder and Global Investment Strategy Officer of Mirae Asset Financial Group, said: “Australia is a focus market for...
Queensland Investment Corporation's director of fixed income Beverley Morris has been appointed acting head of the liquid markets group.
Morris replaces Susan Buckley who decided to step down after 21 years at QIC.
QIC chief executive Kylie Rampa thanked Buckley for her long-term commitment to the business and the liquid market...
