Liquidators have been appointed to the two companies behind the XTB range of corporate bond ETFs following Equity Trustees suspending redemptions last month according to The Australian.
The two companies in liquidation are the Australian Corporate Bond Trust and Global Bond Exchange. Alan Walker and Glenn Livingstone of WLP Restructuring...
There’s been plenty of new bond issuance lately. It could be institutions wanting to lock in debt after heightened uncertainty due to the Middle East conflict but could also be because they see an increased chance of a rate rise on 7 November.
It’s always good to see how institutional...
Judo Bank has launched its inaugural capital notes offer to raise approximately $75 million.
The offer has been issued by Judo Capital Holdings Limited (ASX:JDO) to raise additional Tier 1 capital for the bank as part of its plan to develop and diversify its funding and capital sources.
Judo is a...
Higher fixed income returns are benefitting a wide range of investors, such as charitable trusts, not-for-profits and endowments, according to Equity Trustees Asset Management.
For those not-for-profit (NFPs) investors who may have a conservative risk appetite and/or shorter-term investment time horizons, fixed income can fulfil a higher allocation of their...
Public and private corporate credit specialist Muzinich & Co. has launched in Australia the MLoan, a semi-liquid European private debt strategy.
Managed by Muzinich & Co.'s private debt team, the Fund is a diversified, income-generating strategy that primarily invests in European bank loans. It seeks to generate compelling returns...
Fixed income remained in favour with investors in Q3 with domestic bond ETFs recording A$1.3 billion in flows in Q3 (up nearly 6% since Q2) and global bond ETFs recording A$396 million (up 26% since Q2).
A resurgence in Australian equity ETF flows in Q3 2023 saw the industry experience...
Netwealth Investments and Income Asset Management have announced a partnership to provide financial advisers with direct access to small parcel bonds through the Netwealth investment platform.
Netwealth chief executive officer and managing director, Matt Heine, said the partnership is a result of the increasing demand from Netwealth clients for bond...
Income Asset Management has supply of an indexed inflation annuity bond, issued by MPC Funding Limited, the financing arm of the Melbourne Convention Centre.
These bonds return principal and interest throughout the life of the bond, so there is no lump sum at maturity. Typically, they are hard to source...
Fixed Income provider FIIG Securities has selected Equity Trustees to be the trustee of its new fund, the FIIG Australian Bond Fund.
Andrew Godfrey, Executive General Manager, Corporate and Superannuation Trustee Services, Equity Trustees said: ''We are delighted to be selected as trustee for the new Australian Bond Fund from...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
September started with a jump higher in yield and just kept on going. Led by the US, markets are increasingly factoring in higher-for-longer policy rates and...
