bond market

This US$4 bil manager is preparing for an inflation surprise
OSLO (Jan 22): Inflation is what could jolt the markets this year. At least that’s what the tactical asset allocation team at DNB Asset Management is preparing for. “Inflation surprising on the upside is the biggest risk,” Torje Gundersen, portfolio manager, said in an interview in Oslo on Thursday. “2018 can be the year when stronger inflation surprises a lot of ...
Bond traders watch central-bank decisions to confirm 2018 rout
NEW YORK (Jan 22): The world’s biggest bond market probably needs a little push from central banks to prop up yields at the highest in more than three years. The Bank of Japan and the European Central Bank both have policy decisions this week, before an announcement from the Federal Reserve on Jan. 31. While no action is expected from any of the three this month, investors will be on alert ...
Time to maximise the window of opportunity afforded by China, but be selective: State Street Global Advisors
SINGAPORE (Dec 7): Global investors should give attention to China as it offers compelling opportunities. The country is showing signs of an inflection point in managing its growth deceleration and credit expansion, according to State Street Global Advisors (SSGA), the asset management arm of State Street Corporation, in its annual Global Market Outlook. Kevin Anderson, head of investments, ...
Rich Singapore investors stuck as local bond restructuring drags
SINGAPORE (July 25): Keith Kueh was expecting Pacific Andes Resources Development Ltd. to pay back the company’s bonds last year so he could finance his son’s college bill and his own retirement. Now it’s 18 months after the Singapore-listed fishing company didn’t honor some obligations and he hasn’t gotten his money yet. “For investors like myself, we are not portfolio managers ...
Danger Down Under: Yields drop with iron to fuel recession talk
SYDNEY/TOKYO (June 2): Whether or not the land Down Under snaps its two-decade-long streak without a recession, a glance at the charts shows this past week has been a "septima horribilis" (to purloin and tweak from Queen Elizabeth II) for the world's 13th-largest economy. Iron ore is declining again amid worrying signs that China is wobbling, businesses are reluctant to borrow ...
How one portfolio manager plans to keep investors happy in the face of rising rates
SINGAPORE (Feb 24): The prospect of higher interest rates has bond market investors racing for the exits. According to preliminary data from fund flow tracker EPFR Global, bond funds saw net outflows of US$16.9 billion ($24 billion) in 4Q2016. That was the biggest quarterly outflow since 4Q2015. Bond yields have trended downwards for three decades, with the prices of bonds moving inversely ...