Investors display lukewarm response to new S&P/ASX fixed income indices
- Thursday, 27 October 2011
Investor reactions to the new series of Australian bond indices launched by Standard & Poor's (S&P) and the Australian Securities Exchange (ASX) in mid-October are cautiously optimistic. Australian fund managers acknowledge the appeal of multi-dealer pricing points and the value of S&P's global experience, but they also stress the difficulty in switching benchmarks.
