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LATEST... |
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Whistleblowers, witch-hunts and wisdom
Recent reports
covering IOOF have, in my view, widely missed the mark.
The media, politicians and industry participants who
have helped propel what to me looks like a witch-hunt
need to stop and think.
Dominic McCormick, Select Asset Management
| Opinion
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Crossroads: Is it lower rates for longer? Or back to
higher rates?
Will low interest
rates be with us for decades? Or are higher rates ahead?
Our Academy panel argues the case for "lower for longer"
versus "back to higher" - and the implications for
portfolios.
Hamish Douglas, Rob Mead, Chris Joye, Tim Farrelly
| 1.50
CPD
| Opinion
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Greferendum and the markets
Contrary to most of
headlines, the astonishing weekend events in Greece will
almost certainly prove bullish for risk assets around
the world and especially in Europe.
Anatole Kaletsky, GaveKal
| Opinion
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Shelter from the storm in Europe
The current focus on
the downpour in Greece is understandable. But we should
not be so distracted that we fail to prepare for two
other possible storms – and the possibility that they
converge into a perfect storm.
Mohamed
El-Erian, Allianz
| Opinion
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Four geopolitical issues to watch
Four "big picture"
geopolitical conditions will affect policy and markets
going forward - in order of importance, the South China
Sea, Russia returns, the end of Sykes-Picot in the
Middle East, and the unwinding of the EU.
Bill O’Grady, Confluence Investment Management
| Opinion
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Member
comments
Rising bond yields
It is very hard to
discern between Jonathan's reflation thesis and bond market sell
down/collapse due to extreme overvaluation as a result of QE...
James Rees
| Comment
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RECENTLY... |
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Markets
A primer on geopolitics and investing
Does geopolitics
have investment implications? In short - yes - and this
paper provides a clear understanding of both geopolitics
and its clear link to investment markets.
Angela
Ashton, PortfolioConstruction Forum |
1.25 CE
| Research
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Markets
Break-up of the Eurozone is inevitable
A currency union
absent of full political union is inherently unstable.
After the first country exits the eurozone, markets will
attack the next most vulnerable.
Bruce Campbell, Pyrford International |
0.50 CE
| Resources
* Winner of the Delegate's Pick Award at Markets Summit 2015
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Markets
The US stands out in a low growth world
De-leveraging,
widening inequality and structural reforms limit growth
in developed markets. The US is the most advanced in
addressing these challenges.
Ronald Temple, Lazard Asset Management |
0.50 CE
| Resources
*
Rated in the top 3 presentations by Markets Summit 2015 delegates
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Markets
Bond markets lock up and
lock out returns
Bond markets were
once the world’s most liquid. Today, trading even $5
million in bonds can be difficult. Funds may limit
withdrawals and hold larger cash balances.
Scott
Weiner, Payden & Rygel |
0.50 CE
| Resources
*
Rated in the top 3 presentations by Markets Summit 2015 delegates
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Markets
Greece - a case study for increasing Eurozone strain
2015 will be a year
of huge uncertainty about the future of the Euro. These
uncertainties are likely to pose a fundamental challenge
to investing in the Eurozone.
Charles
Dallara, Partners Group |
0.50 CE
| Resources
*
Rated in the top 5 presentations by Markets Summit 2015 delegates
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Strategies
The importance of asset allocation
In this seminal
paper, Ibbotson confirms that after the decision to
actually invest is made, asset allocation and manager
selection are equally important.
Angela
Ashton, PortfolioConstruction Forum |
0.50 CE
| Research
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Strategies
Managing sequencing risk - buckets v rebalancing
In managing
sequence of returns risk, we may not be giving simple
rebalancing nearly the credit it deserves to accomplish
similar or better than more complex approaches.
Michael Kitces, Pinnacle Advisory Group |
0.75 CE |
Research paper
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Strategies
How should retirees manage risk in a DC world?
This paper offers a
surprising amount of info and interesting ways of
framing investment issues in retirement, and some good
analysis of longevity risk.
Angela
Ashton, PortfolioConstruction Forum |
0.75 CE
| Research
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Strategies
A matter of time
Have you ever
wondered about why some people plan for retirement and
other people don’t? Whether people focus on the past,
the present or the future - their Time Perspective -
influences their retirement planning behaviour.
Dr Joanne Earl, UNSW |
1.00 CE
| Research
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Strategies
Big raises and lifestyle creep
The surprising
result of a recent study is that the "conventional" view
that earnings rise steadily (above inflation) throughout
our careers is not accurate. Good spending habits
established early on can make an astounding difference
to wealth over a lifetime.
Michael Kitces, Pinnacle Advisory Group |
0.50 CE |
Research
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Strategies
Currency management - to hedge or not to hedge?
Currency risk is a
significant issue for Australian investors. This paper
summarises the research on optimal hedge ratios for
international equities exposures.
Aberdeen
Asset Management |
0.50 CE
| Research
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Investing
The role of investment
philosophy in evaluating investment managers
Investment managers
have a better chance of adding alpha if they have a
clear philosophy of how they generate it, according to
this research.
John Minahan, Kees Koedijk & Alfred Slager |
1.50 CE
| Research
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Investing
Assessing manager risk & risk-adjusted performance
Fund research is
something of a dark art - there is little available on how to go about it. But here
are two great papers covering qual and quant analysis of
funds and managers.
Deborah
Kidd, CFA |
0.75 CE
| Research
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Investing
Financial ratio analysis
Even if it's not
your intention to recommend stocks, understanding
financial analysis in general and ratios in particular,
can enhance your ability to analyse equity funds.
Pamela Peterson Drake, James Madison University |
1.25 CE
| Research
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Investing
Undiscovered Fund: Active Au equities with a growth bias
An actively managed
fund, positioned towards companies with earnings growth
potential greater than the market's expectations.
Zenith Investment Partners |
1.00 CE
| Research
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PLUS...
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Register now: PortfolioConstruction
Forum Conference (19-20 Aug)
Portfolio construction is approaching a crossroads – and critical
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Conference 2015 will
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dilemmas and the resulting portfolio construction decisions. We'd
welcome you joining us!
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