Decoding Australian Hybrids: Episode 1 – The Regulatory Shift Explained

We are pleased to introduce the first video of our four-part video series on hybrid securities, where members of the Bentham Asset Management investment team provide insights into the history of hybrids, structural considerations, alternative options and the associated risks and characteristics.

The Australian hybrid securities market is evolving, with regulatory changes set to reshape the market. To provide insights into these developments, Richard Quin, CIO & Principal of Bentham, speaks with Linden Smith, Senior Credit Analyst & Capital Securities Portfolio Manager at Bentham.

This video discussion explores:

• The regulatory changes affecting the hybrid market
• The expected transition from Additional Tier 1 (AT1) hybrids to Tier 2 capital securities
• Key factors driving these developments