📈 Fixed Income Factor Investing 💼 Recent shifts in central bank policies and the ongoing fight against inflation have created a challenging environment for fixed income investors. Despite higher interest rates, credit spreads remain tight — signaling strong demand for yield but also increasing portfolio sensitivity to potential market shocks. In this context, innovative investment approaches are more relevant than ever. ✨ These dynamics were at the heart of our recent SFI Master Class on Fixed Income Factor Investing in Zurich, co-led by SFI Prof. Amit Goyal (University of Lausanne), Alexander Hunziker (Zuger Kantonalbank) and Matevz Nolimal (Zuger Kantonalbank). Participants explored: 🔹 Industry challenges driving innovation in investment strategies 🔹 Theoretical foundations of fixed income factors 🔹 Popular factor investing strategies in fixed income 🔹 How to incorporate factor investing in portfolio management 🤝 A special thank you goes to our participants and speakers for combining academic excellence with practical market perspectives, and to our cooperation partner, the Zürcher Bankenverband ZBV, for their valuable support. 🌐 The interactive discussions, problem-solving sessions, and networking apéro once again provided an excellent platform for knowledge sharing and peer exchange among finance professionals. 👉 Discover more about upcoming SFI Master Classes here: www.sfi.ch/mc #SFIMasterClasses #BankingAndFinance #FixedIncome #FactorInvesting #AssetManagement #KnowledgeExchange #PortfolioManagement

Canada's monetary policy is undergoing a meaningful shift, and the Fixed Income Team at TDAM believes this backdrop presents an opportunity for advisors to reassess their fixed income positioning. Rachana Bhat, CFA and Sayada Nabi's latest paper explores the emerging theme of upcoming maturities in Target Maturity Bond Funds, alongside similar maturity cycles occurring across the Canadian financial industry. This marks a pivotal moment for strategic decision-making, offering advisors a unique opportunity to reposition client portfolios in response to changing monetary policy. Read here: https://go.td.com/4qHPZrE

NAB's September Monthly Business Survey: Economic momentum holds, but cost pressures persist. Our Head of Australian Economics Gareth Spence shares a quick snapshot of what the data reveals about the business landscape. For the full breakdown, head to NAB News: https://lnkd.in/gDjSRtvz

The private credit market is booming, but not all managers are built to last. PGIM Private Capital’s Matthew Harvey explains why experienced, conservative managers focused on the middle market are best prepared to navigate the next phase of the credit cycle, as many new players face their first real test in a slowing economy. Read the full article: https://on.pru/3GPjGVQ

The private credit market is booming, but not all managers are built to last. PGIM Private Capital’s Matthew Harvey explains why experienced, conservative managers focused on the middle market are best prepared to navigate the next phase of the credit cycle, as many new players face their first real test in a slowing economy. Read the full article: https://on.pru/3GPjGVQ

The private credit market is booming, but not all managers are built to last. PGIM Private Capital’s Matthew Harvey explains why experienced, conservative managers focused on the middle market are best prepared to navigate the next phase of the credit cycle, as many new players face their first real test in a slowing economy. Read the full article: https://on.pru/3GPjGVQ

Today, I joined fellow investment management and financial services professionals for an engaging Lunch & Learn hosted by CFA Society Atlantic Canada at the Halifax Marriott Harbourfront. The discussion focused on the evolving dynamics of credit markets; a timely topic given the current economic backdrop. Key themes included: - The challenges shaping today’s economic landscape and cycles in credit markets. - Strategies to preserve and grow capital in uncertain markets - Opportunities amid slowing growth, higher inflation, and rising defaults - Credit performance under stress and potential mitigants - The implications of complacency in credit markets and trends in credit growth. Sessions like this allow us to reflect on the responsibilities we carry in credit markets and reinforce the importance of portfolio risk management and adaptability in investment strategy. A big thank you to CFA Society Atlantic Canada for facilitating this timely discussion.

“The UK commercial property market is in a period of change, and with change comes opportunity,” says Peter Turner, senior business development manager at NACFB Patron Glenhawk. For brokers, guiding clients through changing demand trends and regulatory environments isn’t only about obtaining finance - it’s about discovering untapped value in emerging or often-ignored asset classes. “For borrowers willing to look beyond the obvious, there’s enormous value waiting to be uncovered. The challenge – and the reward – lies in spotting it first,” shares Peter. ✏️ Writing in the latest edition of Commercial Broker, Peter shines a light on broker opportunities in the UK commercial property 👉 https://lnkd.in/epfMptTQ #CommercialBroker #UKCommercialProperty #BrokerOpportunities

International Capital Market Explained | Eurocurrency, Bonds, ECBs, GDRs & ADRs | Learn Finance with Richa Unlock the complete understanding of the International Capital Market in this detailed and easy-to-learn video. We cover Eurocurrency Markets, International Bond Markets, External Commercial Borrowings (ECBs), Euro Issues, GDRs, and ADRs with clear explanations and examples. Perfect for MBA, BBA, finance students, UGC NET, commerce learners, and anyone preparing for finance interviews. ✨ What You’ll Learn: • What is the International Capital Market? • Eurocurrency Market explained • Foreign Bonds vs Eurobonds • External Commercial Borrowings (ECBs) • Advantages of Euro Issues • GDRs and ADRs explained simply • Importance for global finance and MNCs If you found this helpful, Like, Share & Subscribe to Learn Finance with Richa for more videos on Finance, International Business, and Global Markets. #InternationalCapitalMarket #Eurocurrency #InternationalBonds #Eurobonds #ForeignBonds #ECBs #ExternalCommercialBorrowings #EuroIssues #GDR #ADR #GlobalFinance #InternationalBusiness https://lnkd.in/d-Rc3eJw

Great to attend the CFA Society Australia Conference in Sydney last Thursday – thanks to HarbourVest and Vanessa Pham, CFA for the ticket! Always valuable to hear how industry leaders are reading the current landscape. A few things that stuck with me: Christopher Kent from the RBA reminded us that one of the main transmission mechanism of rates comes down to whether people decide to save or spend. Luci Ellis at Westpac offered an interesting perspective on ageing demographics actually supporting labour participation, central banks potentially diverging more in their policy paths, and the USD still looking stretched despite the sell-off YTD. Mark Delaney from AustralianSuper reinforced their positioning – still backing equities over cash and fixed income, no recession in their base case, and a good reminder that staying humble tends to work better than being overly convinced you're right. The wealth segment's appetite for private markets and alternatives keeps growing, but the focus on liquidity and valuation discipline was a recurring theme. And of course... AI, which came up in nearly every session. Some really practical examples of how firms are using it – mostly in middle and back office operations, and increasingly in research. The consensus seemed to be it's a workflow tool, not a replacement for judgement. A few firms mentioned using dual-model verification, and quants are now analysing tone and sentiment in company disclosures. The key takeaway was the technology is only as good as how thoughtfully you use it. Thanks to CFA Society Australia and all the speakers for putting together a solid programme. Views are my own. #CFASocietyAustralia #Investing #ArtificialIntelligence