Market IntelligenceInsights
Market commentary, research notes and outlook from the Market Intelligence Income Fund team.
Market conditions and most economies have proven surprisingly resilient. Corporate profitability has remained largely intact outside a few sectors, labour markets are still strong, and financial markets are providing an opportunistic window for capital raising. But risks are still lurking, which could derail our base case of a soft landing.
Read summary: The New Core: 2026 Alternatives OutlookTactical positioning across consumer, corporate and real estate debt as the higher-for-longer environment reshapes spread, duration and default expectations.
Read summary: Global Credit Conditions — Q2 2024What is happening in the US? Risks to US growth remain elevated. The Fed Funds Rate, measured in real terms, sits at one of the most restrictive levels in modern history. The question is one of timing, not direction.
Request this note by email: Market Commentary — April 2024Consumer sentiment is deeply pessimistic, particularly following further RBA rate increases. Yet the Australian economy continues to show resilience, supported by an unemployment rate of just 3.7%.
Request this note by email: December 2023 Market OutlookWhen deciding whether to invest in alternative investments, there are five focus points that institutional and sophisticated allocators consistently return to.
Request this note by email: 5 Key Focus Points: Alternative InvestmentsWhy allocating across consumer, real estate, corporate and trade finance debt produces a fundamentally different risk profile than single-strategy private credit.
Request this note by email: Our Difference is DiversificationWhy private credit, properly underwritten, offers a defensible source of income and capital preservation through the cycle.
Request this note by email: Our Specialty is Private CreditTry another keyword or choose a different topic.