In an Australian first, NextDC has launched a $1 billion, 100-year, non-call 5 hybrid deal.

The initial coupon is 7.5% but this steps up after five years to 9.2% with further incremental step ups and a further 5% at the end of year 10, practically guaranteeing the hybrid will be repaid at the earliest opportunity, assuming the company continues to oper...

By Global Citizen Solutions

The global wealth management landscape is undergoing a number of alterations. Drawing on insights from thousands of High Net Worth Individuals (HNWIs) worldwide, a report by Capgemini states that traditional investment approaches are increasingly “no longer sufficient” to address the evolving priorities, risk perceptions, and behavioral patterns of...

From Anders Persson, Nuveen Global Head of Fixed Income
An excerpt from its recent Global Investment Committee Viewpoints

Despite today’s increased volatility, markets remain efficient overall, with expected outcomes largely priced in — evidenced by tight credit spreads, a crowded artificial intelligence (AI) trade and full equity valuations, among other indicators. This ...

Shifting rate expectations

The prospect of higher inflation, resulting from the Middle East conflict, has shifted interest rate expectations; in turn, fixed income market returns have fallen. Short maturity inflation-linked bonds could potentially provide some defence against higher inflation and short-term rates, as they derive most of their return fr...

From Joe Unwin, Head of Portfolio Management at Apostle Funds Management

Private credit is in the media spotlight right now, but for the wrong reasons.

Frequent headlines about redemptions from retail funds and valuation write-downs paint the picture of an asset class with increasing risk.

However, there is limited evidence of broad-based deterioration in perfor...