Podcast: The Rate Debate Special Edition – Episode 3

From

In response to the coronavirus epidemic, the RBA cut the cash rate on 19 March to 0.25% and announced a number of QE measures. In the long run, will the government’s response deliver the benefits it is hoping for? Darren Langer and Chris Rands explore this and what it means for fixed income in this […]

continue reading

Podcast: The Rate Debate – Episode 1

From

What do you get when you throw a 32-year-fixed-income veteran into the room with a 32-year-old fixed income millennial? The Rate Debate. Amidst the outbreak of the coronavirus, ongoing bushfires and global trade deals, Darren Langer and Chris Rands introduce their new podcast The Rate Debate and question the RBA’s latest rate decision and discuss […]

continue reading

Morningstar upgrades Nikko AM Australian Bond Fund to Bronze

From

Nikko Asset Management Australia (Nikko AM) has announced that it has received a Bronze Morningstar Analyst Rating™ for its Nikko AM Australian Bond Fund on 7 January 2020, upgraded from ‘Neutral’. The new rating recognises the investment capability and track record of portfolio managers, Darren Langer, Chris Rands, and team. The Nikko AM Australian Bond […]

continue reading

House prices rise at fastest pace since last time RBA Cut

From

Last month we identified the reason why we believed the RBA was slowing down on cuts was the fact that the housing market was improving and that strength would eventually show up in the economy. On Tuesday, we received a new release of the house price figures that show a great deal of strength is […]

continue reading

CPD: Too Lowe for zero?

From

October saw the Reserve Bank of Australia (RBA) cut interest rates to 0.75%, the third cash rate cut in only five months. The last time we saw the RBA move this quickly was 2011/2012; approximately 12 months after it completed its 2010 hiking cycle in the midst of the European debt crisis.     In […]

continue reading

QE understanding is lacking

From

The market’s current understanding of QE on supply and demand dynamics does not capture the true economic effects, says Chris Rands from Nikko AM. While the introduction of quantitative easing (QE) following the global financial crisis was an experiment in monetary policy, with no-one quite sure how it would play out, the unwinding of QE is […]

continue reading

RBA cuts; Bonds do nothing; What’s going on?

From

Introduction 24 hours before the Reserve Bank of Australia (RBA) handed down its decision to cut rates 25 basis points, I was questioning whether the RBA would cut in June. Today, I’m questioning how many more times will they cut this year. There’s a first time for everything The RBA has now cut rates to […]

continue reading

Nikko AM appoints credit analyst to fixed income team

From

Nikko Asset Management Australia (Nikko AM) has appointed Linda Luo to the newly created role of credit analyst within its fixed income team. The appointment brings the number of members of the fixed income team in Australia to five permanent, full-time employees. Ms Luo will be based in Sydney and will report to John Sorrell, […]

continue reading

Australian housing – Still waiting for the decline

From

Over the past five years, multiple forecasters have called the decline of Australian housing only to see prices continue moving from strength to strength. Indeed, some global investors are watching for a downturn as this could foreshadow a decline in other developed markets. In this article, we identify the fundamentals that have supported Australian housing […]

continue reading

Five charts to watch: Will these commodity gains last?

From

As commodity prices have risen, the Australian economy is set to benefit from these continuing gains. Over the next two quarters, this should provide positive economic outcomes, with the important question now being – can this last? Rising commodities and a stable AUD should see tradeables inflation return Tradeables inflation represents 40% of the Australian […]

continue reading