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Darren Langer: Why bonds are defensive again

Finding opportunity across rates and credit.

22 Oct 2026

Fixed income is attracting renewed attention, but where should investors be looking? Darren Langer (Portfolio Manager, Yarra Australian Bond Fund) looks at the case for bonds in today’s environment, the advantages available to Australian investors and details why looking closer to home may offer more compelling opportunities than many investors realise.

After years of ultra-low rates, the fixed income equation has changed.

In this sit down with Inside Adviser, Darren Langer (Co-Head of Australian Fixed Income and Portfolio Manager of the Yarra Australian Bond Fund) explains why investors can once again be rewarded with attractive income while accessing the defensive characteristics traditionally associated with bonds. He also explores where opportunities are emerging across interest rates and credit, why Australian fixed income deserves closer attention, and how active management can help investors take advantage of a market offering considerably more than it has in recent years.

Read here (no subscription required).