Fixed income securities over term deposits
Niv Dagan
Peak Asset Management
Fixed income securities over term deposits. I didn't see this one coming so soon but we're certainly not complaining. Money is cheap, confidence is returning, but what about those investors that have Term deposits and rely on the interest rates to supplement their pensions? I say: why roll the term deposits, when you can get access to fixed-income securities, giving you 300bp-600bp above the RBA cash rate -paid quarterly? Last night, US stocks surged (Dow Jones up 280 points), fuelled by hopes of a deal on Greek debt and by rising oil prices. The S&P 500 is up near 2% over the past two sessions after suffering its biggest monthly drop in a year in January. Commodities were once again higher last night with Crude Oil up another 5.55% to $52.32/barrel, Gold down 1.0% to $1,260/oz. and Copper up 3.90% to $2.58/lb. The SPI is pointing to a 90 points rise this morning. Read More: (VIEW LINK)
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Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional, intermediary and offshore hedge funds. Niv takes an active approach in managing client funds and is a firm believer that adequate risk management is paramount in any good investment decision. Niv's work is largely focused on portfolio management, asset allocation, fixed income, managed funds, structured products and developing tailored strategies for the SMSF sector.
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Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
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