A comparison of the financial regulatory approaches across 17 jurisdictions including Australia singles out the ‘twin peaks’ model used by Australia as closest to ‘optimal’ and one that a number of other countries are considering.
Investment
How high-yield credit investors are playing the AI megatrend
While usually seen as the domain of equity investors, T. Rowe Price portfolio manager and vice president Mike Della Vedova says high-yield bonds are emerging as a unique exposure to megatrends like artificial intelligence and GLP-1 drugs. Large-cap stocks like Nvidia may provide the “picks and shovels” to the AI gold rush, but smaller companies with sub-investment grade credit profiles are providing the handles and heads, he says.
Aleks VickovichOctober 9, 2024
