There’s a definite move towards rebuilding and steering economies in a new direction, rather than just managing through a crisis, fixed income experts have highlighted at this year's Fixed Income & Credit Forum.
Central Banks have move to a policy regime where fiscal stimulus is an even bigger lever with short-term interest rates in the US likely to will remain on hold at least through to 2023, Bridgewater's Rebecca Patterson has said.
Malinvestment is a term I cannot recall hearing in our industry, but US author James Rickards refers to it frequently in his new book, the dramatically titled, The Death of Money – the coming collapse of the international monetary system. The book sketches out apocalyptic scenarios around further bank collapses, the failure of QE, the […]
Two fund managers have warned investors to prepare for a new landscape in fixed income investing as quantitative easing ends in the US. Alliance Bernstein and Threadneedle Investments spoke in separate sessions at the Fiduciary Investors Symposium at Peppers Moonah Links, in the Mornington Peninsula, but both had similar warnings of a growth in volatility […]
“Everyone thinks the Australian dollar is overrated, but it won’t crack this year,” says the chief economist of State Street based in Boston, Chris Probyn, giving Australian investors a great opportunity to buy overseas assets. “On purchasing power parity, everyone thinks the Australian dollar is overrated. But markets can stay irrational longer than investors can […]