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...
The Ares Global Credit Income Fund has capped its first year of availability to Australian investors with 12.13% returns net of fees and an initial ‘Recommended’ rating from research provider Zenith Investment Partners.
The fund is the first managed by Ares Australia Management, the strategic joint venture between Ares Management...
Back in February, National Australia Bank repurchased its perpetual NABHA $2 billion hybrid and since then others have followed.
The latest is Challenger, offering $102 for its CGFPA securities, cleaning up the $47.5 million still outstanding. The offer is open to investors on the register at 22 April 2021 and...
Corporate watchdog ASIC is alerting investors about a suspicious Limestonefx website falsely claiming to be associated with an Australian financial service.
ASIC warns the limestonefx.com site, which lists bonds as one of its trading markets, wrongly claims it is associated with Limestone FX Pty Ltd, an authorised representative of Baileyhenry...
The Australian Office of Financial Management (AOFM) has revealed its issuance plans of Australian Government Securities in 2021-22 and updated plans for the remainder of 2020-21 following the release of last night’s 2021-22 Budget by the Australian Government.
The AOFM said in a statement its issuance of Treasury Bonds in...
Online shopping giant Amazon has launched its largest ever bond deal to take advantage of cheap borrowing costs despite its significant cash position.
The US$18.5bn, eight-part deal surpasses its 2017 deal to fund its acquisition of Whole Foods and is more than its $US10 billion 2020 issue for general corporate...
Fixed income yields can move higher in the short term before retreating again, according to a market outlook by Natixis Investment Managers' head of global strategy Esty Dwek.
In her analysis, Dwek said the global growth outlook continued to improve as a result of accelerating vaccination and while the reflation stalled...
Global fixed income manager Western Asset is forecasting "very strong growth" in gross domestic product during the second half of the year as the world economy reopens.
However, in its latest Global Outlook report, Western Asset said it was cautious about extrapolating short-term cyclical boosts into a presumption of a...
