liquidity

CBA's valuation bubble is a symptom of the structural rise of passive investing that has changed how active managers impact market prices.

Liquidity risk is often overlooked and can be the silent saboteur of investments. This wire explores how Pella manages that risk.

Broadening our outlook and better aligning portfolios to our objectives and time horizon.

With the Aussie market correcting, are investors twigging on to the lagging impact of rising rates?

It's been all about liquidity to start 2023, but the tide is now starting to turn

Greg Canavan explains how liquidity flows are driving equity markets higher to start the year, and why they may not last

Liquidity is a fair-weather friend. It's there for the good times, but absent without leave when market volatility hits. For Chris Wallis, CIO at Vaughan Nelson...

The Weekly S&P500 ChartStorm is a selection of 10 charts that I handpicked from around the web and from Twitter posts. The purpose of this wire is to add extra...

Many governments, central banks and commercial banks around the world have traditionally been wary of cryptocurrencies and concerned at their potential to...

Back in August and September 2021 we noted a very odd anomaly: for the first time, 5-year major bank senior unsecured bond spreads were trading in line with, or at...

In this episode of Success and More Interesting Stuff, we speak to AFL legend Chris Judd, a former star of the midfield for West Coast Eagles and Carlton Football...

While our updated numbers imply the banks need to buy about $408bn of government bonds for liquidity purposes over the next few years, it is interesting to see how...

Following the banks' latest results, we have updated our estimates of: (1) the quantum of debt they have to issue to replace the $139bn Committed Liquidity Facility...

Charlie Aitken recently found his investments being called "boring" - this is the same person who first recommended Fortescue when it was a penny dreadful. This is...

The announcement on Friday that APRA is winding down the ability of banks to rely on the RBA’s Committed Liquidity Facility (CLF) to meet their Liquidity Coverage...

Recent data suggests that APRA and the RBA can shrink the Committed Liquidity Facility (CLF) faster than I had previously figured. The entire point of the CLF was to...

The COVID-shock of 2020 put a spotlight on a design flaw in Australian banking regulations. At a time when governments are borrowing lots of money, and the RBA is...

A scarcity of Australian government debt meant that the RBA and APRA had to be creative when implementing the post-GFC global banking reforms, known as Basel 3. The...

March of 2020 put the blow torch on credit-related funds. When ‘defensive’ allocations needed to step up, some funds melted with investors unable to redeem units or...

ETF liquidity – everyone wants it, and sure enough, the most common questions clients ask us at ETF Securities are about liquidity. Investors want assurance that ETFs...