Hybrids misfire

On a risk versus reward basis, the hybrid securities return engine is only firing on two cylinders.

PORTFOLIO POINT: Investors looking at hybrid securities should be aware of the inherent risks, with returns having slumped as credit spreads have widened.

Over the last six months, over $6.5 billion of listed debt securities (including hybrids) have been issued and listed on the ASX.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles