{"podcast":{"title":"The Investment Perspective, with Ninety One","slug":"the-investment-perspective-with-ninety-one-7065967","podcast_index_feed_id":7065967,"rss_url":"https://feeds.acast.com/public/shows/6704f63a835696b02f258dd3","website_url":"http://www.ninetyone.com","image_url":"https://assets.pippa.io/shows/6704f63a835696b02f258dd3/1729234066562-7bff2f09-4614-4f18-abdc-1ee1fdcfb86f.jpeg","author":"Ninety One","episode_count":97,"summary":"Discover the latest local and global investment and industry insights from the only global asset manager rooted in South Africa. At Ninety One, our global reach becomes your investment edge. Tune in, subscribe, and unlock expert perspectives with every new episode. Ninety One is an authorised financial services provider. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-31T02:17:33.154263+00:00","page_url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967"},"episode":{"title":"#78 Cash Talk: FLAC decoded | What SA’s new bank debt means for fixed income investors","slug":"78-cash-talk-flac-decoded-what-sa-s-new-bank-debt-means-for-fixed-income-investors","published_at":"2026-04-16T10:49:17+00:00","page_url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967/78-cash-talk-flac-decoded-what-sa-s-new-bank-debt-means-for-fixed-income-investors","show_page_url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967","url":"https://shows.acast.com/the-investment-perspective-with-ninety-one/episodes/78-cash-talk","audio_url":"https://sphinx.acast.com/p/open/s/6704f63a835696b02f258dd3/e/69df393e59baa7e22876ac40/media.mp3","summary":"South Africa’s fixed income market is entering a new phase with the introduction of FLAC instruments, a class of bank debt designed to strengthen the financial system and reduce the risk of taxpayer-funded bailouts. Lisa MacLeod and Stephen Naidoo unpack how these instruments work, why they are being introduced now, and what their arrival means for credit risk, pricing and portfolio construction in the years ahead.  Hosted on Acast. See acast.com/privacy for more information.","meta_description":"South Africa’s fixed income market is entering a new phase with the introduction of FLAC instruments, a class of bank debt designed to strengthen the fina…","key_points":[],"chapters":[],"topics":[],"duration_seconds":647,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-investment-perspective-with-ninety-one-7065967/episodes/78-cash-talk-flac-decoded-what-sa-s-new-bank-debt-means-for-fixed-income-investors/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967/78-cash-talk-flac-decoded-what-sa-s-new-bank-debt-means-for-fixed-income-investors.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}