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Apr 23, 2021
On average an investor is paid a premium for participating in new issues, making it more attractive to purchase in the primary market or soon after. In this note we highlight the opportunity and how investors can achieve better returns as a result.
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Mar 03, 2021
As markets adjust to the new norm of unconventional policy measures, we discuss trading implications and how best to position portfolios
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Jan 27, 2021
As several bonds approach maturity or call dates over the coming
year, many investors could be exposing themselves to reinvestment
risk and receiving lower returns by not reinvesting ahead of time.
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Oct 29, 2020
Lendlease’s recently issued 2027 bond, the largest green bond issued
by an Australian non-financial corporate, has been strongly bid for in
both primary and secondary markets.
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Oct 01, 2020
The ASX listed Downer’s longer dated fixed coupon bond is the
newest addition to the retail product offering.
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Aug 10, 2020
After somewhat of a slow start to the year, bond issuance has gathered
momentum. While this has been mainly led by governments and
financial institutions issuance, good quality corporate issuers are also
taking advantage of the market conditions to lock in funding and
shore up capital.
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Aug 04, 2020
The current environment has seen some large, stable corporates issue
long dated bonds at low interest rates compared to recent history.
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Jun 26, 2020
Credit spreads have tightened materially since the dislocation
experienced in March this year, however prices have not fully
recovered, providing an investment opportunity in the USD space.
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Jun 26, 2020
The newest additions to FIIG’s USD DirectBond list are two investment
grade (IG) rated corporate hybrids issued by BP Capital. These newly
issued securities offer strong relative value.
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Jun 01, 2020
The recent risk market rally reflects hope for a sharp recovery as
economies slowly reopen. However, bond markets are once again
diverging from equities and predicting a different future.
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Apr 30, 2020
Investors are having to adjust to the riskier nature of equity investing
as more and more companies reduce, cancel or defer dividends.
Those with a truly diversified portfolio should however be cushioned
from this loss in income, thanks to the regular cashflow from a low risk
bond portfolio.
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Apr 15, 2020
The coronavirus induced volatility has really brought the importance
of portfolio diversification to the forefront of investors’ minds. Now is
the perfect time to assess both the make-up of your portfolio and risk
exposure within the portfolio.
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Apr 09, 2020
Like the broader corporate bond market, RMBS is also responding to
market uncertainty. Structural support features and government
assistance for borrowers will provide short-term support for the asset
class.
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Apr 01, 2020
The primary bond market is showing signs of recovery, mainly in
investment grade bond issuance as non-traditional investors move to
relative safety of fixed income over equities.
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Mar 20, 2020
The RBA’s QE announcement yesterday focused on ensuring flow of credit to businesses and households via ADIs. We think the lowering of funding cost for banks is a net positive for the institutions in the current challenging operating environment.
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Mar 13, 2020
The coronavirus, followed by the nascent oil price war, has been the largest shock that the most expensive equity markets since the Great Depression and lowest yielding bond markets in history has received.
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Mar 13, 2020
During this time of dislocation, investors are seeking more safety and capital preservation. As we have noted in the past, while higher risk does offer higher returns, it is important to maintain adequate portfolio quality and diversity.
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Mar 02, 2020
Whilst cash offers security. the current low rates mean many investors can no longer accept this asset as a core portfolio holding. We examine an option with similarly high levels of security but improved yields.
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Feb 27, 2020
Avanti is a well-established New Zealand finance company with a number of
subsidiaries that focuses on four distinct sectors: residential mortgages, motor vehicle
finance, consumer finance, and business (“SME“) lending. Avanti has been lending to
New Zealanders since 1991.
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Feb 20, 2020
Founded in 2004, Greenko Group (Greenko) develops and operates clean energy
projects across 15 states in India, including solar, wind, hydropower, natural gas, and
biomass assets.
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