The drivers of conventional fixed income returns
To properly assess performance the underlying drivers of return must be understood, including the types of risk to which a portfolio is exposed.
Market Insights
Market inefficiency is a growing opportunity in fixed income
Fixed income market inefficiency creates a vast and diverse range of mispricing opportunities that ‘relative value’ specialists can exploit.
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.
Exploiting arbitrage in bond markets
In this podcast Portfolio Manager, Gopi Karunakaran, speaks to Alan Kohler about the Ardea Real Outcome Fund and how it operates.
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.
Your Wealth – Five key risks and how to avoid them
In this nabtrade podcast, Gopi Karunakaran discusses alternative types of fixed income and the key risks investors should be considering.
The bizarre world of negative interest rates
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.
Mrs. Watanabe meets European insurance companies
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.
Safe havens and risky assets rallying at the same time
How is it that traditional safe haven assets like gold, government bonds and the Japanese yen are all performing strongly this year, just as risky assets like equities, credit and emerging markets are also doing very well?
Compensation for credit risk is poor
Following the sharp sell-off in Q4 2018, credit markets globally have performed strongly in 2019. Having seen a big dip, followed by a quick rebound, how are we now left?