Tech giant Apple has taken another bite out of the the United States investment-grade bond market to the tune of $6.5 billion with a sale in four parts as it seeks to return cash to shareholders.
According to a prospectus, there will be 40-year, 30-year, 10-year and 7-year notes. Bloomberg...
In this Australian Economic View for August 2021, Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market review
A downward revision to the growth outlook following ‘Delta’ strain outbreaks led to sharp falls in domestic yields and a flattening...
Alternative fixed income manager CIP Asset Management (CIPAM) publish a quarterly market review and outlook across a range of sub sectors. It’s got some great insights, which we condense in this article.
1. Corporate (Credit) excluding Financials
Summary: Public investment grade market spreads at post-GFC tights with extremely low spread volatility,...
Market backdrop
Despite writing this from a Sydney that is still in lockdown (and expected to remain that way for a while longer) and noting a surge in COVID-19 Delta variant cases circumnavigating the globe, we are surprisingly constructive on the overall economic outlook. Viruses were born to mutate...
Australian investors cooled their appetite for equity funds in the second quarter, after six months of record buying, according to the latest quarterly Fund Flow Index (FFI) from Calastone.
Between April and June, inflows to equity funds fell by a fifth (-19.7%) compared to the first quarter of the year...
It’s not easy to get an understanding of individual bonds and how they are trading, so we welcome this brief article and table showing BondIncome's most frequently traded bond issues in the week to 21 July 2021.
Key points to note about BondIncome's most traded bonds:
Renewed selling of the...
The record-setting $2.2 billion refinancing of the Royal Adelaide Hospital (RAH) through green and social loans could set a benchmark for further public-private partnerships, according to according to Aberdeen Standard Investments (ASI).
The United Kingdom-based global investment company believes the environmental, social and governance (ESG) financing of the RAH could...
BetaShares has announced it is expecting the value of Australia’s ETF industry to smash their previous prediction for 2021.
In its latest BetaShares Australian ETF Review, the ETF and fund manager said it now expects the total industry value of funds under management to be in the range of $132-$138...
Impact Investment Exchange (IIX) is marking the maturity of its Women’s Livelihood Bond, the world’s first gender lens and impact investing instrument to be listed on a stock exchange.
The bond (WLB1) was listed on the Singapore stock exchange and matured on July 6, 2021. With all coupon payments and...
An ASIC review addressing the threat of “greenwashing” aims to improve governance and accountability in the market, writes Commissioner Cathie Armour GAICD.
There is increasing demand for environmentally friendly, sustainable or ethical investment options from investors in Australia, particularly those belonging to a younger demographic.
In its recent consumer research report,...
