Anthony Kirkham of Western Asset says investors are finally catching on that there are higher returns to made in Australian investment grade bonds than there is in the sharemarket.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Bond manager Anthony Kirkham of Western Asset Management is optimistic that central banks will win the inflation battle and fixed income will perform better in 2024 after a disappointing two years.
As a result, he’s buying long-dated debt including 10- and 20-year Australian government bonds as more than $1.5 billion of new investor money flows back into the firm’s bond funds.
Fetching latest articles
Original URL: https://www.afr.com/markets/debt-markets/why-this-bond-manager-is-seeing-billions-of-dollars-in-new-money-20231121-p5elij
