Professional fixed income investors are increasingly turning their attention to emerging markets as they chase more attractive yields and greater diversification, according a new survey by Invesco.
The third annual Invesco Global Fixed Income Study captures the views 159 CIOs and fixed income asset owners globally with combined AUM totalling...
Ares Australia Management, a joint venture between Ares Management Corporation and investment management company Fidante Partners, has launched its first Australian product, the Ares Global Credit Income Fund.
AAM Head Teiki Benveniste said the fund had been developed to meet the strong demand from Australian investors for strategies that aim...
The Reserve Bank of Australia has broadened the range of corporate debt securities that are eligible as collateral for domestic market operations to include non-bank, investment grade securities, to assist with the smooth functioning of Australian capital markets.
Reserve Bank Governor Philip Lowe, following its monthly meeting on Tuesday, announced...
As published in The Australian on Saturday 25 April 2020
Australia’s fledgling retail corporate bond market hit a speed bump this week as one of the best known companies in that space, Virgin Australia, went into administration.
Unlike share investing, bond investing is all about the solvency of the bond issuer....
In a quirky reversal, the big, bad banks of Royal Commission days are now being asked to don their Avenger capes and come to the rescue of businesses and individuals caught up in the savage coronavirus whirlwind.
While deferring payments and extending credit, encouragingly, they have also increased term deposit...
Australia’s big four banks will continue to be under scrutiny from investors after the Reserve Bank of New Zealand last week restricted all locally-incorporated banks from paying dividends on ordinary shares and prevented them from redeeming bond issues until the country’s economic outlook improves.
The move stops Australia’s big four...
The Reserve Bank of Australia, in conjunction with the government implemented a range of measures designed to provide a ‘bridge’ to an expected economic recovery after the COVID-19 crisis.
The RBA cut the cash rate to 0.25 per cent and committed to buy government and semi-government bonds without a ceiling...
Today, Macquarie Bank cancelled its planned new $500m hybrid issue. Macquarie stated, ‘The decision to withdraw was made given significantly changed market conditions in recent weeks’. Macquarie also stated that the news did not impact its commitment to repay the $429m outstanding on MBLPA due 24 March 2020 or...
ASX-listed investment manager Neuberger Berman has secured more than $340 million of new investments as part of a capital raising for its NB Global Corporate Income Trust (NBI).
Following settlement, Neuberger Berman will be the largest global fixed income listed investment trust (LIT) on the Australian Securities Exchange (ASX) with...
NAB announced it has raised at least $1.95bn for general corporate purposes including refinancing its existing hybrid (ASX:NABPC) which has $1.3bn outstanding.
The margin was finalised at the lower end of the bookbuild range at 295 basis points.
The first optional exchange will be on 17 September 2027 with mandatory exchange...
