issuance

Hedge Funds

When share dilution becomes the only solution

The greatest ever volume of equity raised by Australian companies in a financial year has revived businesses burdened by heavy debts, and settled investor anxiety about the survival of portfolio companies. But the dilution of profits across expanded shareholder bases is now entrenched, hurting returns unless companies ramp up earnings. SIMON MUMME reports. In late […]
Hedge Funds

When share dilution becomes the only solution

The greatest ever volume of equity raised by Australian companies in a financial year has revived businesses burdened by heavy debts, and settled investor anxiety about the survival of portfolio companies. But the dilution of profits across expanded shareholder bases is now entrenched, hurting returns unless companies ramp up earnings. SIMON MUMME reports. In late […]
Investment Strategy

How super funds can help lower interest rates

A proposal to issue mortgage-backed securities (MBSs) with government backing to unfreeze the domestic MBS market and drive down the cost of mortgages to consumers was put forward last month by the Australian Securitisation Forum (ASF). The model would copy the processes used to manufacture and distribute Canada Mortgage Bonds (CMB), of which $119 billion […]
Investment Strategy

How super funds can help lower interest rates

A proposal to issue mortgage-backed securities (MBSs) with government backing to unfreeze the domestic MBS market and drive down the cost of mortgages to consumers was put forward last month by the Australian Securitisation Forum (ASF). The model would copy the processes used to manufacture and distribute Canada Mortgage Bonds (CMB), of which $119 billion […]