At FIIG
FIIG's core purpose of making fixed income accessible to all Australian investors has been the catalyst for the company's 25 years of success, and how our DNA to constantly innovate and evolve our offerings to suit our clients' investment needs is what has helped the company to stand the test of time and continues to make us relevant today.
General
The RBA, the interest rate cycle and duration: Peaks in the cash rate create stable bond yields, but the rally starts well before the RBA cuts rates.
Trade opportunities
November marked a turning point in the last nearly 2 years of fighting inflation with rising interest rates. The market began firmly pricing in the end of hikes and the start of cuts. This is mainly because historically central banks have held rates steady at their peak for no more than about 7 months on average before cutting them again, as economies run into a wall of higher borrowing costs.
General
New issues update
Trade opportunities
Here we look at important criteria to consider before investing in and through the life of the bond using the example of OMNI Bridgeway bonds.
Knowledge Series
In this edition we will look at primary deals in the wider market, which are public deals and follow a different process to FIIG-originated deals.
Trade opportunities
The current portfolio yields an indicative 6.61%* to the assumed maturity dates and is an approximate $215k spend.
General
New issues update
Trade opportunities
October featured a shift from quiet markets in the first half to a flurry of new bond issues in the latter half, impacting rates. While the US economy showed strength, other indicators raised questions. In the portfolios, noteworthy changes included the introduction of the AMP Limited senior 2026 bond in the Conservative portfolio, a switch from AMPOL, and a similar move in the Balanced portfolio. The High Yield portfolio focused on diversification and RMBS bonds with attractive margins.
General
In our third and final article in the series, we catch up again with Kieran Quaine, Portfolio Manager of FIIG’s inaugural Bond Fund (the Fund), to discuss the targeted returns and investment approach investors can expect.