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NEW ERA: The global corporate bonds market is very sophisticated in the US and Europe but barely exists in Australia.

mFund fits global growth cycle

The ASX's new mFund system is an intriguing development that broadens the reach for both stockbrokers and their clients when it comes to investments beyond Australian equities.While the unlisted funds the ASX has attracted to its mFund system are not new, and would have been accessible to investors via financial planners or through direct investment, the concept of having a broker handle buying and selling via the CHESS system will be appealing to those who have been looking for easy flexible diversification.

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