Saudi Arabia, the largest oil exporter on the planet, is about to enter the market for green bonds in what certainly is a head-turning moment for the wealthy Gulf state.
Bloomberg is reporting the move which is a possible watershed moment through the eyes of some investors, and one on...
Growth in the US and across the globe is expected to decelerate from their cyclically driven highs into 2022, according to leading fixed income investment manager Western Asset's Quarterly Outlook.
Western Asset, which is part of Franklin Templeton, notes: “Contributing factors include a sharp reduction in global fiscal stimulus, a...
Ampol and Optus have this week both gone to the market seeking potential investors in respective fundraising offers.
ASX-listed fuel retailer Ampol is pitching a subordinated notes deal to fund managers this week.
According to the Australian Financial Review, Ampol has appointed Commonwealth Bank, Mitsubishi UFJ Financial Group, NAB and RBC...
RBA Governor Philip Lowe has conceded there could be an interest rate rise in 2022 but it “seemed a very, very low probability’.
In an address to the Australian Business Economists, Lowe focussed on on recent trends in inflation and the implications for the RBA's monetary policy.
Dr Lowe repeated a...
Global Asset Allocation Viewpoints and Investment Environment by T. Rowe Price Australia Investment Committee, as at 31 October 2021.
PORTFOLIO POSITIONING
We remain modestly underweight equities relative to bonds and cash given a less compelling risk/reward profile against a backdrop of elevated valuations with more moderate return expectations. Higher rates, rising...
Global high yield distress ratios have been put in the spotlight by a chart and analysis by Nachu Chockalingam, Senior Credit Portfolio Manager at Federated Hermes.
"For high yield bonds, we define distress as bonds with an OAS (option-adjusted spread) of more than 1,000bp," Chockalingam said.
"What is so compelling to...
Westpac Banking Corp has raised AUD$7.4 billion (US$5.5bn) in the US bond markets in what is believed to be a record for an Australian bank.
According to the Australian Financial Review, Westpac raised the money signaling a return to the wholesale market via the sale of three, seven, 15 and...
“Let’s talk scams” is the theme of this year’s national Scams Awareness Week as more 350 partners across government, private and community organisations join the fight against the crime.
According to the Australian Competition and Consumer Commission, scams cost Australian consumers, businesses, and the economy hundreds of millions of dollars each year...
The Fed’s FOMC statement outlines the long path to normalisation. Bond markets have become more volatile but equity markets have shrugged off concerns’
Commenting on the Fed's FOMC statement, Head of Multi-Asset at Janus Henderson Investors Paul O'Connor, said:
The Fed confirmed market expectations by announcing reductions in monthly purchases...
