liquidity

Much has been said about the impressive returns most investors have enjoyed over the 2020/21 financial year. A year ago, few would have even countenanced the...

When interest rates on deposits are so low and are likely to stay this way for many years, it is worth checking if you are holding more cash than you require. One...

The current conditions in credit markets are bizarre. We’re still in the midst of a global pandemic and economic downturn but credit markets are partying like there’s...

Very few people actually understand liquidity in credit (or non-government bond) markets. Many express opinions on the subject of credit liquidity and, for example,...

The recent risk market rally reflects hope for a sharp recovery as economies slowly reopen. However, bond markets are once again diverging from equities and predicting...

The Reserve Bank of Australia’s cash rate, once its crowning glory, is at risk of becoming obsolete as a sharp surge in liquidity has resulted in interbank overnight...

The intensity of news flow recently has made events that happened only days ago feel like they took place in the distant past, and recent history – months or...

A time of reckoning for those super and other funds offering ready access to investors while holding large exposures to illiquid assets was going to come one day. Most...

When COVID-19 (coronavirus) first made headlines, in China, then worldwide, global market reactions were complacent. It was perceived as a primarily Chinese issue,...

Markets are moving at lightning speed in response to the clear and present danger of the halting of economies and changing consumer behaviours.Last weekend Putin flew...

The last three major market drawdowns resulted from human behaviours. China’s currency devaluation in August 2015, the volatility blow up in Feb 2018 and the...

The last decade was one of steady recovery from the GFC for the world, but also one of great uncertainty and political instability. Markets had the Euro crisis, US...

There have been growing concerns over the decline in the bond inventories held by dealers and the liquidity implications within bond markets. Though some of the...

Liquidity, like the plumbing in your house, gets little attention until something goes wrong. Across the fixed income asset class, core government bonds sit at the...

One of the advantages about marketing and managing a corporate bond fund in Australia, is the amount of people we meet which gives us the opportunity to listen to...

When the stars align, there is money on the table for investors in short selling – the process of selling high, then buying low. With the tide of central bank...

Sacrificing liquidity in return for additional yield can be attractive if the compensation is sufficient and the time horizon of capital is appropriate. But corporate...

In Australia, many cities have enjoyed a prolonged period of house price increases. As a result, it's safe to say a large number of Australians have fallen in love...

In our new 'Christmas Cracker' series, each morning through to Christmas we will bring you a top insight for 2018 from one of our contributors. Today’s insight is by...