corporate bonds

Investment Strategy

Retail bonds – who wants them?

Governments have been talking about the need for a retail bond market for some years now, but are investors and issuers really interested? It’s a nice theory. Australian retail investors are too focused on equities and need access to some good quality fixed-income investments. Super funds of all sizes – industry and self-managed – should […]
Hedge Funds

The slide of sovereign
debt ratings

Investors may come to remember 2011 as the year we lost the risk-free rate of interest. The debt-ceiling episode of the summer raised the possibility that the US might not make a coupon payment, and Standard and Poor’s (S&P) downgrade showed that ratings agencies could regard this as more than a temporary hiccup. Several other […]