The FED Goes From QE To QT
The FED has announced its much anticipated plan to start gradually shrinking its balance sheet.
Insights
Volatility pricing … is the rock really so steady
The expression ‘steady as a rock’ is associated with stability, steadfastness and reliability. The kinds of characteristics that fund managers like to co-opt into their firm names. In financial markets uncertainty is always present; it’s just the degree of it that varies.
Linkers surge on UK inflation shock: a British history lesson
We discuss the surge in performance of UK inflation linked bonds and the benefit to Australian investors.
It’s time to MOVE
Two charts we are watching closely and what they mean to us and investors.
Global Fixed Income markets: a fragile balance
Tamar Hamlyn shares his observations of global macroeconomic policy following a study tour across the US, EU, UK, China and Japan.
Trump Election… the impact so far
Our view on the volatility since the Election result, however overall these events are favourable for markets and good for investors.
Incoming RBA Governor Philip Lowe’s speech
Tamar Hamlyn discusses recent comments from incoming RBA Governor Philip Lowe on 8 September 2016 on research conducted within the RBA and other monetary policy bodies.
Part 2 – How Quickly Can you Boil a Frog? – Why we should still think about inflation
Whilst current inflation is low, so are the returns on many low risk assets. This means inflation can still absorb a large part of returns and historically, this can be quite unpredictable.
How quickly can you boil a frog? – The case for hedging inflation risk volatility
Recent events have pushed both inflation expectations and bond yields to long-term lows, so should investors still worry about inflation?
Australia’s Sovereign Rating: Is it an Issue?
Moody’s has recently commented that Australia’s “AAA” sovereign rating could be under pressure, notwithstanding the current stable outlook.