Credit market activity was rather muted over August, although spreads in some areas were a little wider, as further uncertainty regarding the timing of rate...
Credit market activity was rather muted over August, although spreads in some areas were a little wider, as further uncertainty regarding the timing of rate rises in the US as well as mixed data releases, both domestically and offshore, kept investors guessing. There is no doubt that the appetite for yield has strayed, however investors are being a little more cautious than they were 6 months ago. See our full fixed income August monthly report here: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
At PM Capital we are not afraid to be different, we search the world for undervalued stocks, we avoid the trap of “group think” and prioritise company valuation over all other aspects. Founded in 1998, PM Capital is part of the Regal Partners Limited stable of alternative asset managers and specialise in Global & Australian equities and Global Fixed Interest strategies. We believe the very best way to minimise investment risk is through understanding valuation, as such, we avoid companies who are hard to understand or difficult to value and are well known for our discipline in resisting short term market noise and ability to hold investments through full industry cycles.
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
The newest growth stocks on the ASX
Livewire Markets
Equities
The growth investment that is dialled up to 11
Livewire Markets
Equities
Buy Hold Sell: Five overlooked growth stocks
Livewire Markets