Global fixed income markets have experienced a massive correction this year. Aggressive central bank rate hikes, surging inflation and weaker global growth have driven double-digit losses for duration and credit heavy portfolios.
This article offers some frameworks for thinking about duration in the context of current market dynamics and a multi-asset portfolio.
In this third note in a series of primers, we outline key introductory concepts in swap markets with a focus on relative value (RV) investing.
In this note, Ardea IM takes a closer look at the risk and performance of major types of fixed income strategies across varying market environments.
Ardea IM discuss the slowing global economy and outlook for bonds as volatility remains elevated.
Ardea IM discuss heightened recession risk pricing, consolidation in bonds and why tail risks are substantial in both directions.
Investors have few places to hide amid a synchronised sell-off in bonds and equities. In this Monthly Market Musings, Ardea IM discuss recent trends and what could drive a turnaround in bonds.
In this episode of the Ardea IM Alternative, Tamar Hamlyn and Alex Stanley talk to Dr Laura Ryan about her research paper titled “Bonds don’t need to be negatively correlated with equities”
Ardea IM take a closer look at the drivers of the historical large sell-off in bonds and discuss the significance of an inverted US yield curve for recession risk and equities.
We discuss the importance of currency management for AUD investors, along with the backdrop created by the regulatory environment in superannuation, particularly the YFYS performance test.
