AUSTRALIA - New South Wales shadow treasurer Mike Baird is calling on the state to create bonds suitable for self-managed superannuation fund investors that would then be used to fund state infrastructure projects.
Baird said the state should partner with international money managers to create so-called Waratah Bonds, products that carry a low-risk inflation match. He said: "Over the next 15 years it's forecast...
The global economy has rebounded from the lows reached in March and April but momentum has waned as rising cases of COVID-19 have forced some regions to once again restrict activity. Jim Cielinski, Global Head of Fixed Income at Janus Henderson Investors, discusses whether credit markets can remain immune to the economic fragility.
As governments across the world seek to rebuild their shattered economies, they have announced significant spending plans to generate growth.
Global exchange-traded products (ETPs) have recorded their strongest month for inflows in 2020 as $71.5bn was added to the market, with fixed income buoying the industry providing $46.7bn of the total, according to iShares.