Direct lending Intensifies
Australian asset owners have intensified their search for yield in direct lending as cash rates head toward zero or below.
Managing volatility in fixed income
Managing higher volatility has become much tougher with interest rates at such low levels since any change will lead to greater convexity, according to three panellists speaking at Investment Magazine’s Fixed Income and Credit Forum.
First State, HESTA named world leaders in ESG
Six Australian super funds were named world leaders in responsible investing at a PRI conference in Paris this week.
Norris: The Future Fund searches for top-notch VC managers
Capital availability is like a pendulum and whilst it is very favourable towards managers right now, we know this will swing back at some stage, says Australia’s sovereign wealth fund.
Traditional uses of fixed income tested
The landscape for fixed income investors has changed dramatically with the spread of ultra-low and negative bond yields and the traditional uses of fixed income are challenged.
Does fixed income stack up in emerging markets?
Despite the huge inflows into emerging market debt, it is still an underinvested asset class which has achieved solid returns –up to 6 per cent in some countries.
Are there too many levers in unconstrained fixed income?
Investors are expecting too much from unconstrained fixed income managers and trade-offs need to be made.
Cbus ups infrastructure target by $1 billion
The construction super fund is looking to boost its investment in the real assets as record low interest rates hurt member returns.
Is active investing doomed?
The academic evidence is not sufficient to write-off an active approach, says ANU’s Geoff Warren, it just depends on the circumstances.
The industry’s drive for scale: Who benefits?
The argument that bigger fund leads to better returns is largely dependent on liquidity and opportunity size. Further, the evidence on the benefits of scale is not encouraging so far, says Michael Kollo.
Central banks on a search for more tools
Central banks are looking for more tools to manage monetary policy in order to achieve what is being asked of them.
Credit where credit is due: European private debt continues to rise
European private debt offers diversification play in the mid-risk bucket despite the low yield environment.
