Australian Fund With $123 Billion Weighs Private Credit Boost

Colonial First State is reallocating into floating-rate debt and inflation-protected bonds to hedge rising inflation and slowing growth driven by higher energy prices. The shift is a defensive portfolio move intended to preserve real income and reduce sensitivity to rate and inflation volatility.

Analysis

Colonial First State is reallocating into floating-rate debt and inflation-protected bonds to hedge rising inflation and slowing growth driven by higher energy prices. The shift is a defensive portfolio move intended to preserve real income and reduce sensitivity to rate and inflation volatility.