The team runs a fairly pure high-yield portfolio. It can use default swap baskets as a placeholder for individual picks but doesn't use single-name credit default swaps. It doesn't buy stocks ...
Each manager makes independent decisions on its portion of portfolio assets, but both tend to focus their purchases on higher-quality bonds within the high-yield universe, which is evident in the ...
124 Years of the Australian Stock Market A breakdown of the Australian stock market’s historical returns since 1900. Presented in an easy-to-digest visual layout. Updated October 2024.