Latest commentary

Perhaps simply ‘queasiness’ is more fitting. Certainly that’s an apt feeling among investors having stomached sharp falls in risk asset prices in the last quarter of 2018, again bringing into focus the question of asset allocation as investors consider the path ahead. While many of the surprise falls reversed, at least in part, through January this year, it’s important to consider what may have driven the sharp declines and the question is whether they are symptomatic of a more prolonged malaise or a temporary setback. While this is impossible to answer with any degree of certainty it’s hard to ignore the secular shift in the comparable risk/reward metrics of major asset groups, driven by changes in macroeconomic dynamics and an ever fluid political backdrop.

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Quantitative Un-Easiness

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Walking the risk vs. return tightrope

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2018: An SAA Odyssey

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Media

Kapstream awarded Australian Credit Fund Manager of the Year... for the second year running!

Kapstream is honoured to be voted Australian Credit Fund Manager of the Year by KangaNews, for the second year running. The award is based on the votes of market participants through a thorough and intensive polling of those involved in the Australian and New Zealand debt markets. “To be recognised by industry peers, investors and partners in credit markets for a second year running is a great privilege and acknowledges our framework of active management through credit macro positioning, relative value trading and fundamental analysis”, said Raymond Lee, Managing Director and Head of Credit at Kapstream.”

Kapstream appoints analyst, promotes internally

Kapstream Capital welcomed a new credit analyst this week and announced internal promotions for three of its investment team members.

KangaNews Awards 2017 - Kapstream awarded Australian Credit Fund Manager of the Year!

Kapstream is honoured to be voted Australian Credit Fund Manager of the Year by KangaNews, which since their inception in 2007 remain entirely based on the votes of market participants through a thorough and intensive polling of those involved in the Australian and New Zealand debt markets. “As one of the most active fixed income managers in Australia, Kapstream has earned its place as one of the most reputable participants in domestic credit markets, and to be recognised for this by our industry peers and partners is a great privilege”, said Raymond Lee, Head of Credit and Senior Portfolio Manager at Kapstream.

Key Fixed Income Decisions & Themes

Kumar Palghat outlines the key themes and decisions investors face in thinking about fixed income portfolios.

Portfolio Managers Nick Maroutsos and Dan Siluk ring the NYSE Opening Bell!

In celebration of the successful November 2016 launch of the Janus Henderson Short Duration Income ETF (NYSE: VNLA, managed under the Kapstream/Janus Henderson Global Macro Fixed Income flagship ‘cash plus 2-3%’ strategy), Nick Maroutsos and Dan Siluk were invited to ring the opening bell at the NYSE on Tuesday 10th October.

Kapstream mindset and the swinging pendulum

, Kapstream 2016 Adviser Roadshow

Kumar Palghat discusses the mindset of the Kapstream team in constructing the portfolio.

Why we like credit as an asset class

, Kapstream 2016 Adviser Roadshow

Raymond Lee, Head of Credit and Portfolio Manager at Kapstream Capital, discusses the team’s view on credit and how it feeds into current portfolio positioning.

Will low interest rates save the economy?

Steve Goldman and James Bloom from Kapstream penned an article for Switzer around the long term effects of prolonged low interest rates. Click on the link to find out more.

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