Following the budget announcement, we discuss why the current environment places Ardea well to continue to identify and exploit inefficiencies in fixed income markets to generate positive investment outcomes for our investors.
The FED has announced its much anticipated plan to start gradually shrinking its balance sheet.
Moody’s has recently commented that Australia’s “AAA” sovereign rating could be under pressure, notwithstanding the current stable outlook.
Increasing issuance of inflation linked bonds in New Zealand has resulted in a NZD 14 billion market, accounting for close to 20% of the NZ government bond market. NZ ILBs offer an attractive real yield and a low entry point for breakeven inflation.