Phillips Curve confusion

During the past three months, a salient topic of debate has been whether the so-called Phillips Curve is relevant in today's disinflationary environment. The debate is important to investors.

Woody Brock More

Research Review: Personal values and professionalism

What influence do personal values have on our behaviour, as individuals? And how do those values interact with professional standards and ethics?

Will Jackson1.50 CE More

The Cocaine Brain and other biases

Human beings are subject to behavioural biases, which negatively affect their ability to make rational choices. These behavioural biases create market inefficiencies that active investment managers can exploit to generate alpha.

Stuart Rae More

The curious case of the missing defaults

For the past two centuries, a "double bust" (in commodities and capital flows) has led to a spike in sovereign defaults. Yet they have risen only modestly since the peak in commodity prices and global capital flows around 2011.

Carmen Reinhart More

E + S + G factors all add up to better performance

Ensuring your investment process has the flexibility to incorporate sustainability factors all adds up to improved longer term portfolio performance outcomes.

Amanda McCluskey0.50 CE More

The optimal shape of retirement planning

A recent research paper that likens the three main retirement planning approaches to shapes provides an interesting way to think about three different retirement planning approaches. In the end, the best option may incorporate all three.

Michael Kitces0.50 CE 1 commentMore

Backgrounder: The rise of impact investing

As some institutional investors build internal impact investing capabilities, the inclusion of impact investments in portfolios may be on the cusp of becoming mainstream.

Will Jackson More

Research Review: More on portfolio construction

A recent paper that addresses one of the most pressing issues facing the financial community - how to construct long-term investment portfolios to best fit the needs of those saving for retirement - questions the appropriateness of many commonly used techniques.

Ron Bird1.00 CE More

The moral identity of Homo Economicus

Two recent books indicate that a quiet revolution is challenging the foundations of economics, promising radical changes in how we view many aspects of organisations, public policy, and even social life.

Ricardo Hausmann 1 commentMore

Managing carbon exposure is essential for better risk-adjusted returns

Managing carbon risk within portfolios is increasingly a decision integral to risk management and the pursuit of superior long-term risk-adjusted returns.

Domenico Giuliano0.50 CE More

Forum Fodder 17 Nov 2017

In Fodder this week: Why sovereign debt crises are now rarer than history would suggest; Dr Woody Brock clears up confusion around the Phillips Curve; behavioural biases creating opportunities to generate alpha; sustainability factors and investment outcomes; and a review of two academic papers on our personal values and professional ethics.

Graham Rich, Publisher, PortfolioConstruction Forum More

Mark your diary

13 Feb - Markets Summit
14 Feb - Finology Summit
13 Mar - farrelly's User Group (Mel)
15 Mar - farrelly's User Group (Bne)
20 Mar - farrelly's User Group (Syd)
12 Apr - IMR Program Workshop (Syd)
24 May - Masterclass NZ (Akl)
22-23 Aug - Strategies Conference (Syd)
20/21 Sep - IMR Program Conference (Syd)
24 Sep - IMR Program Symposium (Akl)
13-20 Oct - Research Roundtable Intl (US)


2017 Markets Summit - Webcast

Markets Summit 2017 featured a stellar lineup of international and local experts offering their best high conviction idea/thesis on the opportunities and risks ahead as the winds of change sweep through economies and asset classes - and the implications for portfolios.


2017 Finology Summit - Resources Kit

Finology Summit 2017 featured a stellar lineup of finology experts offering their best high conviction idea/thesis on how the winds of change are impacting how investors think and behave with respect to money, and how we can better relate with them (and help others who must do so).


2016 Markets Summit - Resources Kit

Markets Summit 2016 featured a stellar lineup of international and local experts offering their best high conviction idea/thesis around the Markets Summit theme - is it deja vu (all over again)? - and the resulting portfolio construction decision(s) that must be made.


Backgrounder: Cyclical? Structural? Secular?

This Backgrounder defines the terms "cyclical", "structural"" and "secular" and provides examples, in order to increase the clarity of debate about what's really driving markets.

PortfolioConstruction Forum More

2016 Conference - Webcast

Conference 2016 featured a stellar lineup of international and local experts offering their best high conviction idea/thesis around the the friction between short-term and long-term investing imperatives - and the portfolio construction decisions that must be made.


Conference 2015: the director’s cut

PortfolioConstruction Forum Strategies Conference 2015 featured a carefully selected faculty of more than 35 international and local portfolio construction experts offering their best high conviction ideas about critical portfolio "crossroads". Here are the highlights.


Backgrounder: The long and short of it

Managing the fundamental friction between short-term and long-term investing imperatives is a key challenge when building portfolios. This Backgrounder explores some of the key concepts and debates.

PortfolioConstruction Forum More