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Credit markets in focus

Income, risk and where to find value.

1 Jul 2026

Amidst a volatile macro environment, Roy Keenan (Co-Head of Australian Fixed Income) outlines where tightening spreads, elevated yields and shifting rate dynamics are creating compelling risk‑adjusted opportunities for credit investors.

Markets remain volatile, inflation is proving sticky and investors continue to navigate an uncertain macro environment. Yet for those willing to look through the noise, credit markets are once again offering compelling income opportunities.

In this interview, Tim Mugglestone (Senior Distribution Manager) speaks with Roy Keenan (Co-Head of Australian Fixed Income) to understand where he is seeing value, detail how his team is positioning portfolios, and debate the key credit considerations advisers should be thinking about today.