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.
The ‘repo market’ – has received an unusual amount of attention since the latter part of 2019.
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.
To properly assess performance the underlying drivers of return must be understood, including the types of risk to which a portfolio is exposed.
Fixed income market inefficiency creates a vast and diverse range of mispricing opportunities that ‘relative value’ specialists can exploit.
Providing the ability to transact freely and liquidity plays a big role in how confident you can be about an investment’s valuation.
In this podcast Portfolio Manager, Gopi Karunakaran, speaks to Alan Kohler about the Ardea Real Outcome Fund and how it operates.
The collapse in global bond yields has delivered large windfall capital gains however it has come at the cost of a vanishing yield cushion.