Australian Fund Managers Are Already Betting on Quantitative Easing
- Nikko Asset, Schroder Investment favor semi-government bonds
- QIC purchases corporate debt because QE will ‘float all boats’
Photographer: Brendon Thorne/Bloomberg
This article is for subscribers only.
Australian asset managers are gearing up for what was once unthinkable: the prospect of quantitative easing in their own backyard.
They’ve pored over the lessons from overseas and arrived at a different conclusion to central bank chief Philip Lowe, who has sought to damp expectations that QE is likely in Australia.