A review by the corporate regulator of a targeted selection of retail managed funds has found that they did not face serious investor liquidity challenges during the height of COVID-19 market disruption, and that their liquidity frameworks were generally adequate.
While there was a significant drop in net investor cashflow...
Australian Economic View - May 2021: Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market review
Prospects for an extended period of accommodative fiscal and monetary policy settings, along with positive economic news, helped support risk appetite. Equity markets...
Brisbane-based lender Firstmac has announced it has completed the biggest-ever issue of Residential Mortgage-Backed Securities (RMBS) by an Australian non-bank.
In its statement the company said the $2 billion issue breaks the previous Australian record of $1.7 billion, set by Firstmac in 2017.
Firstmac paid a margin above the...
The owner and builder of the National Broadband Network, NBN Co, has raised US$2 billion in a bond deal in the United States and there are more deals in the pipeline for other markets in 2021.
The NBN bond issue was split between a five-year bond worth US$750 million and...
Metrics’ MCP Master Income Trust Raises $191.8 million In Oversubscribed Wholesale Placement
Brenton Gibbs
Metrics Credit Partners’ MCP Master Income Trust (ASX:MXT) has raised in excess of $190 million via a wholesale investor placement to further diversify its loan portfolio.
MXT issued more than 95 million units in the trust at $2 each in a placement to institutional and wholesale investors.
Andrew Lockhart, managing partner...
Investors have been given exposure to a portfolio of listed hybrid securities issued by the ‘Big 4’ Australian banks through the launch of BetaShares' new hybrid exchange traded fund (ETF).
BetaShares said its new Australian Major Bank Hybrids Index ETF (ASX: BHYB) aimed to provide an option for investors challenged...
Global investment manager Insight Investment has released its annual report on responsible investment saying that while the importance of ESG factors for fixed income investments is widely acknowledged, more progress is needed.
CEO Abdallah Nauphal said: “Fixed income has a dominant role in financial markets and investors’ portfolios globally, with...
Investors are using corporate bonds to boost prospective returns within their fixed income portfolios with government bond yields at record lows, which is creating a 'tailwind' for the asset class according to First Sentier Investors.
The Global Credit Outlook 2021 paper argues prevailing economic conditions should underpin credit demand going...
A number of the finance world's biggest brands are warning their customers to be aware of fixed income bond scams.
An alert published on HSBC Australia's website warns the global bank has "identified a scam around fake Fixed Income Corporate Bonds being offered to some HSBC customers.This offer is not...
Retirement investment manager Challenger Limited has provided updated guidance since the release of its third quarter results on Tuesday, with Group assets under management exceeding $100 billion for the first time.
While achieving sales growth across much of the business, the company said in its statement that its normalised profit...