Where to find truly uncorrelated returns
For several decades now, the correlation between asset prices has generally been increasing.
How to reduce the risk of a portfolio
In this Livewire video, Dr Laura Ryan discusses a strategy that can produce returns regardless of whether interest rates are rising or falling.
The misuse and abuse of correlation
If used improperly, statistics and the graphical representation of those statistics can be misleading.
Bond yields can be misleading
How can a negative yield bond deliver a positive return, or a positive yield bond deliver a loss?
Household wealth and its hidden exposure to the housing market
The average Australian household’s wealth may be even more exposed to the housing market than many people realise.
Repo dislocations – a case study in market inefficiency
The ‘repo market’ – has received an unusual amount of attention since the latter part of 2019.
There’s more to fixed income than just buying bonds
This article outlines why a relative value approach is a compelling alternative to traditional fixed income investing.
Growing liquidity risk in fixed income portfolios
Liquidity, like the plumbing in your house, gets little attention until something goes wrong.
Are illiquid bonds the ‘WeWork’ of the fixed income world?
Providing the ability to transact freely and liquidity plays a big role in how confident you can be about an investment’s valuation.
The push and pull on bond yields
2019’s rampant bond rally came to a halt this month as bond yields rose, causing bond prices to fall across most major bond markets.