Alternative credit manager CIP Asset Management (CIPAM) has entered the retail fixed income funds management market, with the launch of a retail version of the CIPAM Credit Income Fund.
CIPAM was formerly known as Challenger Investment Partners before rebranding earlier this year.
The CIPAM Credit Income Fund is a floating rate, multi-sector credit...
Both Victoria and New South Wales have lost their AAA credit ratings after global rating firm S&P today downgraded both states' rating due to COVID-19 impacts.
S&P Global cut its long-term rating on Victoria two notches to “AA/Stable” from “AAA/Watch Negative” citing a weaker fiscal outlook.
S&P said that Victoria is...
Australia’s best (and best value) superannuation funds, managed funds, exchange traded products (ETPs), banking products and insurers for 2021 have been named by Money magazine, published by Rainmaker Group, in their Best of the Best Awards to recognise standout performers.
The publisher’s awards included the following fixed-income winners.
The best fixed-interest...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market Review
Risk appetite surged on positive vaccine announcements and allowed markets to look through surging European and US COVID-19 infection rates. Equity markets roared ahead, delivering double digit returns in...
Contango Asset Management Limited has appointed Coolabah Capital Institutional to manage the Switzer Higher Yield Fund.
Coolabah Capital is an active credit manager with 13 analysts and 5 portfolio managers. Coolabah’s founder and CIO is Christopher Joye, one of Australia’s leading economists, policy advisors and fund managers.
The Switzer Higher Yield...
Investors chasing yield in an environment of low interest rates have greeted AMP Life with high demand for a $300 million bond raising this week.
According to a report in The Australian, AMP Life has received orders worth $1 billion.
Per the report, prospective investors are being offered the bonds at...
Investors who rely on fixed income investments to reduce portfolio volatility when risk assets are underperforming may need to revise their investment approach, according to recent analysis from Daintree Capital.
Daintree’s analysis shows that in a ‘lower for longer’ interest rate environment short duration, active fixed income strategies are necessary...
Evolve Education (ASX: EVO) has successfully priced an issue of A$35 million 7.5% senior secured Australian medium-term notes in a wholesale offering.
The notes are expected to be issued on 4th December 2020 and will mature in December 2025.
Evolve operates 127 childcare centres across New Zealand and Australia. It has...
European asset manager, Amundi Asset Management, has published an investments insight, with a focus on how social bonds can fit in with investors’ strategies and help to address specific social issues.
With its triple impact on education, income and health, the Covid-19 crisis has exacerbated existing inequalities, both among and...
