“The average default rate's been in the neighborhood of, call it 4%, maybe less than that now, between 3% and 4% per annum over time.”

Richard Rauch · Australian Investors Podcast · Are bonds back? Richard Rauch on yields, risks and portfolios

Play from 35:06
35:06

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

highlight that diversification of high-yield bonds reduces default impact

average default rate 3%-4% per annum

Said nearby on the same subject

“If you want to see how changing from your current plan design ... how that's going to impact employer costs ... and reduce the at-risk population”
♫
Said on The Long View
How they work target <80% replacement rate Share this moment
“We’re calculating probabilities of default… using Mertens’ model… small caps load highly on this default measure, and when default risk rises the effect becomes more pronounced.”
MV
Maria Vasalu
Masters in Business ·
Data play Share this moment
“Now 45% of the long-term bonds we do, so they're the bonds that we do for off the plan, 45% of them are for investors.”
DP
Deposit Power
Broker Daily Podcast Network ·
Hard number 45% Share this moment
“Deposition assistant… live transcript… analysis on the right side telling you, highlighting any inconsistencies from the file”
SA
Smart Advocate
Maximum Lawyer ·
Automation Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.