FIIG clients return an average of 7.74% for FY21

The return achieved on fixed income investments during FY21 was higher than many clients expected. In this article we review the FY21 year which was characterised by financial markets recovering from the initial sell-off at the height of the COVID-19 pandemic.

Trade opportunities

Sample portfolio update – October

Whilst last month’s announcement was a damp squib, further commentary from Regional Presidents seemed to convince the market that longer term (10-year) yields needed to be higher, and we saw the Australian government 10-year yield follow the US Treasury about 30bps (0.30%) higher over the month.

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