How can a negative yield bond deliver a positive return, or a positive yield bond deliver a loss?
The average Australian household’s wealth may be even more exposed to the housing market than many people realise.
This article outlines why a relative value approach is a compelling alternative to traditional fixed income investing.
Liquidity, like the plumbing in your house, gets little attention until something goes wrong.
In this podcast Portfolio Manager, Gopi Karunakaran, speaks to Alan Kohler about the Ardea Real Outcome Fund and how it operates.
A common way to think about bond yields is to view them as a cushion that protects bondholders from the potential negative effects of duration risk. As bond yields have now collapsed to very low levels, that protection from duration risk has vanished.
In this nabtrade podcast, Gopi Karunakaran discusses alternative types of fixed income and the key risks investors should be considering.
Some central banks are pushing monetary policy into the upside down world of negative interest rates, but rather than success they are creating bizarre side effects.
Since the early 2000’s the name ‘Mrs. Watanabe’ has been used to describe yield seeking Japanese retail investors, who were forced to increase their offshore investment risk taking in response to ultra-low interest rates back home.
Liquidity is one of those things that doesn’t get much focus until it’s too late.