Australian fixed income investors positive
Australian fixed income investors are exhibiting confidence with respect to virtually all asset classes except sovereigns, according the latest Fitch Ratings semi-annual investor sentiment survey.
Releasing the survey results this week, Fitch structured finance group director David Carroll said overall investor sentiment was positive with little expectation of credit deterioration across corporate and structured asset classes.
He said this contrasted with sovereigns, where the majority of investors expected fundamental credit conditions to deteriorate and for losses to rise.
“Sixty-five per cent of survey participants expect that sovereigns are yet to reach their peak in terms of future losses,” Carroll said.
The survey indicated that investors were predicting that credit conditions would either improve or stay the same across all surveyed sectors, except telecommunications and media, where the majority were concerned that conditions would deteriorate.
It said that liquidity remained an important critical factor for investors, whether they were investing in cash bonds or derivative instruments.
AUTHOR
Mike Taylor
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.
