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...
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...
