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)


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,...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.