BetaShares’ latest review shows the Australian ETF industry continues to grow and reached yet another new record high of $97.3B at the end of February.
The company said in its report: “The industry’s market cap grew by a relatively subdued 0.5% for the month to reach a new record high of...
Ardea Investment Management, one of Australia’s largest fixed income investment managers, has launched a long-running relative value fixed income fund for the European market.
A statement by Ardea says its Global Alpha fund targets positive returns that are independent of interest rate moves and market volatility that may impact conventional...
Data released by research company Roy Morgan reveal Australians in February had inflation expectations of 3.7% annually over the next two years, up 0.1% points on January.
The result was the highest since February and March 2020 (4.0% for both). Inflation Expectations are now 1% point below their long-term average...
Jay Sivapalan - Head of Australian Fixed Interest at Janus Henderson - discusses what caused February’s bond market volatility and how the team are actively navigating the challenging conditions.
Over February the Australian bond market1 was down approximately 3.5%, suffering its biggest negative monthly return since 1983. In combination with...
The CBA is anticipating good interest from security holders for its PERLS XIII offer after institutional demand catapulted the offer to $1 billion.
The allocation was $250 million more than what the CBA said it intended to raise when the new tier-one capital transaction offer was announced in February.
The bank last...
Chinese equity and fixed income investment manager Fullgoal Asset Management is entering a distribution agreement with 3PD to expand its reach in the Australian and New Zealand markets.
Fullgoal Fund, which launched in 1999 and has A$200 billion assets under management according to a statement by the firm, is retaining Australian-based...
Australian power company AusNet has issued a €700 million, 60-year international hybrid deal.
The hybrid issue, in the form of non-convertible subordinated notes, is due for a first call in 2026 with maturity set for March 2081.
There is a refinancing element with proceeds from the hybrid issue will be used...
Yarra Capital Management has struck a deal with Nikko Asset Management to become a $20 billion investment fund manager.
Yarra will acquire Nikko AM’s Australian business under the deal. In return Nikko will be provided with a 20% stake and board representation in the enlarged business.
The combination will create one of...
The Reserve Bank is prepared to make adjustments to its bond purchases as required after announcing it would double its buying of longer-dated government bonds to $4 billion.
At its meeting today, the RBA Board decided to maintain the current policy settings, including the targets of 10 basis points for...
Liz Harrison, Fixed Interest Analyst – ESG in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market review
The reflation trade gathered momentum over the month and bond markets sold-off sharply in February. Given the rapid pace of the vaccine rollout offshore and the...
