Kev Toohey, Principal at Atchison presents his analysis of the 2022/23 financial year returns for major investment assets classes over the past 20 years.
Of the 16 major assets assessed for FY22, commodities and direct property were the only major asset classes to post returns above inflation; albeit underlying...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market Review
Higher than expected inflation in the United States saw the Federal Reserve (Fed) respond with an outsized tightening and preparedness to push the US economy into recession to quell...
Western sanctions against Russia following its invasion of Ukraine have resulted in that country defaulting on its foreign-currency debt for the first time since the Bolshevik Revolution of 1917 according to Bloomberg.
On Sunday night Russia missed a deadline to meet a 30-day grace period on interest payments worth US$100...
Ratings agency S&P Global has restored Western Australia's AAA rating for the first time in almost a decade, prompting the state's Treasurer and Premier Mark McGowan to claim it has "the best set of books in the world".
WA was stripped of its AAA rating in 2013, but strong commodity...
Crown Resorts Limited has announced that its listed hybrid (ASX:CWNHB) will be redeemed following a ‘Change of Control Event’ triggered by the sale of the company to Blackstone.
Each hybrid note will be redeemed for $102.75 per note, consisting of three components:
Face value of AUD100 per note
Deferred (but...
Income is an "effective tool" to lower the volatility of an investment in the current environment, according to Chief Market Strategist at Head of Franklin Templeton Institute Stephen Dover.
In a strategic view paper, Dover outlines the search for income has become more complicated as inflation soars to four-decade highs...
By Nachu Chockalingam, Senior Portfolio Manager, Federated Hermes Limited
Indiscriminate selling over the past ten days has pushed credit spreads modestly wide to long-term averages and yields very high. The chart below shows a 10-year history of global I-investment grade (IG) spreads and yields. It is possible spreads see further...
Sponsored article
Capital markets group Bluemount Capital has launched a USD$144million green bond offer to fund a high-purity alumina (HPA) plant in Malaysia for Altech Chemicals Limited.
Altech Chemicals Limited is a dual Australian and Frankfurt-listed company (ASX: ATC FRA: A3Y) aiming to become one of the world's leading suppliers of...
Westpac Banking Corporation has engaged syndicate brokers to raise $750 million through the launch of its Capital Notes 9 hybrids issue.
Pricing of Westpac Capital Notes 9 is expected to be between 3.4 per cent to 3.6 per cent above the three-month bank bill swap rate. It also includes an...
Australian bond market re-pricing over the past month has given fixed income portfolios an "attractive yield premium" and created the prospect of strong performance as yields normalise, according to leading fixed income manager Western Asset Management.
Western Asset is a specialist fixed income manager with global funds under management at...
