Charlie Callan.

About Charlie Callan

Charlie is an integral part of the Investments team, leading generalist corporate coverage across the capital structure and credit fundamentals. Additionally, Charlie leads BondAdviser’s quantitative modelling in respect to relative value analysis and credit portfolio simulations. Read bio >
4 Aug, 2016

Suncorp Group Update

By |2021-09-24T10:48:04+10:00Aug 4, 2016|Research|

Suncorp Group reported Full Year 2016 (FY16) Net Profit after Tax (NPAT) of $1.04 billion, down 8.4% on FY15, slightly below market expectations. Results across the business lines was mixed with Suncorp Life (Life) and the Bank reporting a lift in NPAT (by 13.6% and 11.0% respectively) while General Insurance (GI) NPAT was down by -17.5%. The operating expenses, including the one-off [...]

3 Aug, 2016

Seven Group announces 10% buy-back of TELYS4

By |2021-09-24T09:50:25+10:00Aug 3, 2016|Hybrids, Market Commentary|

On the 3rd of August 2016, Seven Group Holdings (ASX Code: SVW) announced the on-market purchase of up 10% of TELYS4 (ASX Code: SVWPA) subject to market conditions. The group intends complete this over the next 12 months.   Over the past 12 months Seven Group has undergone an extensive share buy-back as part of their capital management strategy. To [...]

1 Aug, 2016

Interest Rate Commentary

By |2016-08-01T04:29:41+10:00Aug 1, 2016|Federal Reserve, Market Commentary|

Last week saw the critical release of Australia’s inflation figures for the second quarter of 2016. The Consumer Price Index (the primary inflation measure) rose by 0.4% quarter-on-quarter which resulted in an annual inflation rate being 1.0% (a 17-year low). Average underlying inflation was down to 1.5% the lowest in the entire 20-year series. The lower import and producer prices [...]

1 Aug, 2016

Weekly Highlights

By |2021-09-24T09:38:27+10:00Aug 1, 2016|Market Commentary|

Last week equity and credit markets continued their rally with US equity market leading the way. The S&P500 remains near its all-time high driven by better than expected earnings and a lower probability of a Federal Reserve interest rate increase. Technology companies (Google, EBAY, Microsoft) were the primary driver climbing more than 7.8%.   This rally was sustained for most [...]