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...
Australian non-bank lender Wisr has launched A$225 million of asset-backed securities (ABS) as the company "aggressively" pursues its growth target.
ABS is a form of investment collateralised by a pool of assets that usually generate a cash flow from debt, such as loans.
ABS are an alternative to other debt instruments...
Global Bonds Portfolio Manager at Janus Henderson Investors Andrew Mulliner provides commentary on US inflation figures.
The big beats in US CPI today do tell us a few things about the current economic environment, but one of those things isn’t that there is a change in the secular inflation regime.
The...
Investment management firm Loomis, Sayles & Company has been awarded an AU$180m US asset-backed securities mandate by Adelaide-based industry fund Statewide Super.
Boston-based Loomis Sayles is an affiliate of Natixis Investment Managers.
Louise Watson, Managing Director for Natixis, said: “This mandate between Statewide Super and our affiliate, Loomis Sayles, means that...
