Forum Fodder

PortfolioConstruction Forum

 

Our regular Forum Fodder email alerts Members to what's new on this site and with our live professional development progams. A sample of the Forum Fodder email is below.  Become a Member (with our compliments) to receive Forum Fodder and access our multi-media learning centre, PortfolioConstruction.com.au (this site) featuring:
- Resources Kits - videos and podcasts of the sessions and accompanying papers from our live programs;
- Perspectives library - exclusive interviews, research papers, white papers, opinion papers and special interest
   subscription services from local and international investment professionals and subject matter experts; and,
- CPD Campus - our online portfolio construction learning and accreditation resource.


 


 Friday 13 December 2013

The independent professional development service for investment portfolio construction practitioners

G'day

It's a special Fodder this week, featuring all of the pre-reading for our PortfolioConstruction Forum Markets Summit program next week. Just scroll down to take part - you don't have to be attending as part of the live 500-person Markets Summit "studio audience" to access the pre-reading. First, be sure to read our new Backgrounder on Unconventional Monetary Policy (UMP), researched and authored by PortfolioConstruction Forum's Angela Ashton and reviewed by a range of experts. It's an excellent white paper explaining UMP to date - why, how, and its effects so far. It deliberately does not consider what might happen from here. That's the mandate of Markets Summit 2014 - and from late next week

all Members will be able to "attend" it via the online Markets Summit Resources Kit featuring the videos, podcasts, and papers from the jam-packed program. Get ready to send in your questions and comments, and earn CPD through our online CPD Campus.
All the best for some great weekend learning! - Graham

Perspectives - latest

Backgrounder: Unconventional Monetary Policy
Researched and authored by PortfolioConstruction Forum, this Backgrounder white paper explains why Unconventional Monetary Policy is undertaken, how it works, what it does, whether it's inflationary, and what some of the unintended consequences may be. Intentionally, it does not consider what might happen from here (that's the arena of PortfolioConstruction Forum Markets Summit 2014).
PortfolioConstruction Forum
Backgrounder

The unintended consequences of ultra-easy monetary policy
Today's long period of very easy money and very low yields has distorted the financial system. This will cause unintended consequences in the near future as QE ends.
Dr Woody Brock, SED
White Paper

What a wonderful world
The majority of the world will see an improvement in economic growth this year. But, after a lengthy and linear rise, equity markets will see much greater volatility this year.
Jonathan Pain, The Pain Report
Opinion

The end of unconventional monetary policy
There is a broad acceptance that Bernanke's monetary policy helped stave off another global depression. But the final verdict on unconventional monetary policy remains years away.
David Hale, David Hale Global Economics
Opinion

Squeezing out more juice
We are introducing three new investment scenarios for 2014 - our base case, Low for Longer; our bull case Growth Breakout, and our bear scenario, Imbalances Tip Over.
BlackRock Investment Institute
Opinion

Finding value in a coupon driven market
2013 was a transitional year, as the market woke up to the reality that extraordinarily accommodative monetary policy would not go on forever. What of 2014?
Greg McGreevey, Invesco
Opinion

Inflation, uncertainty and portfolio management
Will QE ruin retirement? Looking back at the risks inflation has presented in the past helps us look forward to the potential consequences.
Dr Susan Gosling, MLC
Opinion

Breaking Unconventional Monetary Policy
Breaking Unconventional Monetary Policy is going to prove too hard to achieve. Central Banks will run scared of their political masters; QE or an equivalent will recommence.
Nick Bullman, CheckRisk
Opinion

From liquidity surfing to bull running
The start of the end of the Federal Reserve's money printing is expected to reshape the global investment landscape.
Tai Hui, JP Morgan Asset Management
Opinion

The US recovery will surprise on the upside
The start of the end of the Federal Reserve's money printing is expected to reshape the global investment landscape.
Hamish Douglass, Magellan Financial Group
Opinion

Diverging markets
Looking ahead, returns on emerging market debt are likely to better reflect the diversity of the asset class. More than ever, it pays to know your market.
Goldman Sachs Asset Management
Opinion

Outlook on the United States
The US economy made substantial progress in 2013. The economic outlook for 2014 appears promising -and the US equity market can continue to appreciate.
Ronald Temple, Lazard Asset Management
Opinion

Perspectives - recently

Blowing in the wind
In December, a report on asset allocation trends and intentions of financial planners crossed my desk. The voice in my head sang the Dylan classic "How many times..."
Tim Farrelly, farrelly's
Opinion

The trouble with emerging markets
The financial turmoil in emerging-market economies has returned with a vengeance. But the threat of a full-fledged crisis remains low, even in the Fragile Five.
Nouriel Roubini, Roubini Global Economics | 
Opinion

What's causing the panic?
The bullish mood suddenly changed in early January. Here's a structure for thinking about recent market events that may be helpful in assessing new evidence as it comes.
Anatole Kaletsky, GaveKal
Opinion

The role of sentiment and contrarian investing
As we entered 2014, the consensus on the best and worst areas to invest could be described very simply: momentum investing ruled, contrarian investing was dead.
Dominic McCormick, Select Investment Partners
Opinion

Determining withdrawal rates using historical data
William Bengen is a 'rock star' of financial planning. His paper established the 4% rule - and showed a higher exposure to equities (approx 75%) was ideal for retirement.
Angela Ashton, PortfolioConstruction Forum
Research

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