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 >
28 Jul, 2016

Second Half 2016 Outlook: Where to from here?

By |2021-09-24T09:50:26+10:00Jul 28, 2016|Bonds, Hybrids, Market Commentary|

Over the past year Australian companies have been effected by changing regulation, falling interest rates and currency, sharp drops in commodity prices, an economy in transition and last but not least the uncertainty surrounding Brexit. In our outlook, we hope to address some of these issues from a fixed income perspective.   Click here for the outlook.

25 Jul, 2016

Interest Rate Commentary

By |2016-07-25T01:40:34+10:00Jul 25, 2016|Market Commentary|

Last Tuesday, the minutes of the RBA July meeting revealed that inflation remains the major factor pertaining to further rate cuts. Price growth for the June quarter is scheduled to be released on the 27th of July (Wednesday) and may give the board the excuse it needs to cut the cash rate to a new low of 1.50%. The report [...]

25 Jul, 2016

Weekly Highlights

By |2021-09-24T09:38:27+10:00Jul 25, 2016|Market Commentary|

Last week was once more characterised by risk on for Australian and global equity investors. In the US, the Dow Jones Index and S&P500 reached all-time highs of 18,595.03 and 2175.03 respectively whilst locally the S&P/ASX200 Index returned 1.26% over the week after reaching a 12 month high of 5,512.397 points on Thursday.   Despite the rally in equities, the [...]

21 Jul, 2016

Reporting Season Calendar

By |2021-09-24T10:48:04+10:00Jul 21, 2016|Research|

Reporting Season Calendar: Australian Foundation Investment Company (AFIC) - 25/07/2016  Genworth - 03/08/2016 Seven Group - 03/08/2016  Suncorp - 04/08/2016 Tabcorp - 04/08/2016 Bendigo & Adelaide Bank  - 08/08/2016 AGL Energy - 10/08/2016 Commonwealth Bank of Australia - 10/08/2016 Goodman Group - 11/08/2016 Telstra - 11/08/2016 Aurizon Network - 15/08/2016 GPT Group - 15/08/2016 Mirvac Group - 16/08/2016 Challenger - 16/08/2016 G8 Education - 16/08/2016 Crown Resorts - [...]

21 Jul, 2016

Where are Term Deposit rates heading?

By |2016-07-21T00:15:59+10:00Jul 21, 2016|Deposits, Market Commentary|

At the end of February, we published “Term Deposits – Past, Current and Future Trends” outlining our expectation that term deposit margins would increase due to competitive pressures between Authorised Depository Institutions (ADIs). Since the commentary was written, term deposit margins have indeed risen by ~0.20%.   Figure 1. Term Deposit Spreads Source: RBA, AFMA, BondAdviser   As shown in [...]