ANZ bank will seek to raise AUD $1billion with the offer of a new Additional Tier 1 capital security, ANZ Capital Notes 6 (ANZPI).
It contains a reinvestment offer for ANZ Capital Notes 1 (ANZPD), a Broker Firm Offer and a Securityholder Offer. There is also an institutional offer where...
Investment manager PIMCO has been awarded in the 2021 Money Management Fund Manager of the Year Global Fixed Income award with the winning fund Global Bond Wholesale and highly commended for its ESG Global Bond Wholesale.
PIMCO fixed income chief investment officer Andrew Balls said the performance of both funds...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market review
Massive fiscal and monetary stimulus boosted economic growth, both in Australia and abroad. Despite some volatility caused by a temporary surge in inflation expectations and the US Federal Reserve...
Fixed Income News Australia chatted to Justin Tyler, founding partner of investment management firm Daintree Capital, about managing duration, the impact of record low interest rates, and why fixed income should be an asset in the current financial market.
How is the business going?
We’re very happy with how Daintree is going. Funds...
The federal government has issued the National Housing Finance and Investment Corporation's (NHFIC) first sustainability bond and its longest-dated bond.
The NHFIC finalised its 15-year bond at $343 million, with the issuance more than two times oversubscribed. Funds raised from this bond will directly support the delivery more than 1,100...
The Franklin Australian Absolute Return Bond Fund has pushed beyond $1 billion of funds under management from local investors, marking a significant milestone for the fund.
The fund was launched by Franklin Templeton in 2014. Funds under management hit $500 million in July 2020 and have doubled in the period...
Westpac Banking Corp has raised $US2.75 billion (A$3.54 billion) of unsecured debt in the US bond market in a giant post-pandemic deal.
Westpac has sold five and 10-year bonds in a deal that marks the first time an Australian bank has tapped the debt markets in this format since the...
By Robert Almeida, Portfolio Manager and Global Investment Strategist at investment giant MFS Investment Management. . Established in 1924, MFS manages US$601.3 billion in assets on behalf of individual and institutional investors worldwide (as at January 31, 2020).
Negative real yields have unmoored asset prices from fundamentals.
Mounting, though transitory,...
Due to an uncertain operating environment, Crown Resorts has announced that it will not be redeeming the Crown Subordinated Notes II (CWNHB) at the 23 July 2021 call date.
The unsecured notes issued by Crown have a total outstanding principal of $630 million.
Crown said in its update to the market...
Last week I listened to an ESG bond investment webinar by one of the world’s largest investors. Aviva plc is a British multinational insurance company and one of the top ten fund managers in Europe and the second largest U.K-based fund manager. The fund management business invests the group's...
