In our 2017 outlook, we stated our preference for direct securities over index strategies and that a higher yield curve would make it difficult for passive ‘long only’ strategies to outperform. This was the case in 2016 as many indices underperformed as long term interest rates rose on higher inflationary expectations. Table 1. Major Fixed Income Indices Returns Index 1 [...]
On the 22nd of March 2017, Villa World Limited (ASX: VLW) announced a new issue, Villa World Bonds (Prospective ASX Code: VLWHA). The bonds are expected to be issued on the 21st of April 2017. The minimum size of the offer is $50 million but will change based on demand, and the proceeds from the transaction will be used to grow [...]
In early 2015, legal firm Slater and Gordon (ASX: SGH) acquired the professional services division of the controversial UK group Quindell Plc for $1.2 billion. The debt-funded acquisition, which management hoped to be transformational, has since resulted in large losses and been completely written down, weighing significantly on the firm’s earnings and balance sheet. The weak performance of the group continued [...]
Click here to access the BondAdviser Ratesheet as at 22 March 2017.
Click here to access the BondAdviser Ratesheet as at 21 March 2017.
Click here to access the BondAdviser Ratesheet as at 20 March 2017.
The big story last week was the Federal Reserve’s 2-day monetary policy meeting. While US interest rates were lifted as expected, there was little indication of how the potential Trump policies may impact the economy moving forward, with Federal Reserve economic forecasts relatively unchanged. The Fed’s monetary decisions considers many economic inputs such as business investment, unemployment and consumer spending. [...]
Click here to access the BondAdviser Ratesheet as at 17 March 2017.
Click here to access the BondAdviser Ratesheet as at 16 March 2017.
Click here to access the BondAdviser Ratesheet as at 15 March 2017.
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An employee-owned financial services provider focused on the Debt Capital Markets.
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ABN 31 164 148 467 ‧ Important Information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
