Today, Challenger Life, Australia’s largest provider of annuities, announced a new market-linked lifetime annuity that helps retirees to overcome longevity risk (outliving their retirement nest egg) while maintaining exposure to investment markets.
Challenger has introduced market-linked payment options to its Liquid Lifetime annuity, creating more choice in retirement incomes ahead...
Vanguard will lower the cost of four of its Australian fixed interest funds in a move the investment manager attributes to growth and maturity of its funds.
Fees on Vanguard's Australian Fixed Interest Fund and Exchange Traded Fund (ETF) will be reduced from 0.24% to 0.19% and 0.20% to 0.15%...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market review
A shift to a more hawkish stance by offshore central banks, higher energy prices and disruptions to global supply chains led to heightened financial market volatility. Equity and credit...
Investors got a preview of how fixed income markets might respond to a return of inflation when US Treasury yields rose by around 75 basis points and asset prices fell sharply in the March quarter.
Portfolio Manager Brian Kloss at Brandywine Global, a specialist investment manager of Franklin Templeton, said...
Investment manager Artesian has attracted a significant investment in its Green and Sustainable Bond Fund which was established late in 2020 with currently $52.7 million in assets under management.
The Clean Energy Finance Corporation is tipping in a $25 million investment on behalf of the Australian Government to help boost...
Alternative fixed income manager CIP Asset Management (CIPAM) publish a monthly piece commenting on topics of interest for credit investors across a range of sub sectors. In this article, the company asked its investment teams why these COVID lockdowns seem different and then asked them to look beyond the...
The UK Government recently went to the bond market with its first green bond offering, hoping to raise GBP10 billion and was overwhelmed by the response. The 12-year bond was marketed at 87.5 basis points (0.875%) and attracted bids of more than GBP100 billion, demonstrating the appetite for investments...
Evergrande, One Of The World’s Largest Property Developers, Struggles To Meet Debt Obligations
Staff Writer
Evergrande, China's largest property developer, has come under increasing financial pressure as the Chinese government tightened policy to reign in speculation and development and suggested it would introduce a residential property tax over the next five years. Evergrande has had a number of interest payments due this week and...
New product Design and Distribution Obligations (DDO) will come into force on October 5 requiring firms to design financial products to meet the needs of consumers and to distribute their products in a more targeted manner.
Financial services companies will be required under the DDO to identify a target market...
Investment management firm Daintree Capital today launched its Hybrid Opportunities Fund, a new global bank hybrid fund that is the first single unit fund of its kind in Australia.
The Daintree Hybrid Opportunities Fund invests in a diversified global portfolio of 25-125 hybrid bank securities including Bank of America, Credit...