After writing down the value of its mall portfolio by more than $4 billion in its interim accounts, Scentre Group has gone to the US market and raised US$3 billion in a subordinated hybrid note issue.
The Group had hoped to raise US$1.5 – US$2 billion, but accepted substantially more,...
The U.S.-based Natixis Strategist Outlook survey conducted by CoreData Research in July 2020, identified some of the key market risks for investors for the rest of the year. The survey included 36 market strategists, economist and portfolio managers from across Natixis Investment Managers, its affiliated investment managers and Natixis...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market Review
A dovish monetary policy shift by the US Federal Reserve (Fed), with an elevated focus on full employment and shift towards a 2% average inflation target, buoyed risk appetite....
Virgin Australia bond holders have learned their fate with the release of the Deloitte report to creditors which will see U.S. private equity firm Bain Capital buy the airline for $3.5bn.
The deal, which is subject to approval at a creditors meeting on September 4, will see unsecured bond holders...
Specialist high grade bond manager Jamieson Coote Bonds has launched a global absolute return fund providing investors with a defensive alternative that is uncorrelated to traditional fixed income market benchmarks and risk assets.
The company says the fund is suitable for investors looking for income, diversification and defensive investment characteristics.
The...
The ANZ bank will return to the Green, Social and Sustainability (GSS) bond market in Australia, after having issued its inaugural Green Bond back in June 2015.
The bank has announced the issue of an AUD1.25 billion Tier 2 capital bond linked to the United Nation’s Sustainable Development Goals (SDG),...
It’s been a busy week for two of Australia's big insurers.
IAG announced it had successfully raised A$450m in a 16 year, non-call six-year (16NC6), tier 2 floating rate note.
The IAG subordinated bond has a first call in December 2026, just over six years after settlement with the final maturity...
As investors move through life, their appetite for risk and reward changes. It’s common for older investors to choose lower risk investments as they have less time to remedy any losses if they occur.
While there are no set ‘rules’ for asset allocation by age, one of the most famous...
Australian investors are largely denied the same range of investment choices as investors in other developed nations and should be outraged.
Corporate bonds mostly remain the domain of institutional and professional investors for no good reason. Positively, companies such as the XTB company, Australian Bond Exchange and other bond brokers...
Global investment manager Franklin Templeton has completed its acquisition of Legg Mason which was announced to the market in February.
The combined organisation brings together over 1,300 investment professionals, covering multiple asset classes and managing US$1.4 trillion in client assets.
The California-based company said the combined footprint significantly deepens Franklin Templeton’s...
