Hybrids

First, a big thanks for the incredible interest in, and downloads of, our Complexity Premia podcast! We have just published the third episode where we: discuss...

Today I show how ScoMo has already delivered a $7bn plus budget surplus on a number of the key measures years in advance of what rating agencies and analysts (save...

Labor’s proposed tax changes could result in investors experiencing a decline in income as many may be unable to redeem surplus franking credits. For such investors...

Macquarie Group Limited (MQG) has cheekily launched an offer for a new Additional Tier 1 (AT1) capital hybrid security, to be listed under the ASX code MQGPD, which is...

Notwithstanding the franking debate last year, ASX hybrids were the second-best performing asset-class behind long-dated government bonds in 2018 with an attractive...

In my column today I argue that to have any hope of divining the prospects for 2019, one has to first solve the Rubik’s Cube that was 2018 in which the most overvalued...