Forum Fodder | Friday 25 October 2019
Learning is not the product of teaching. Learning is the product of the activity of learners. - John Holt (1923-1985)
All the best for another week's continuing education! - Graham

LATEST ONLINE CE...

Markets
Can the US and China make a deal?
The Sino-American trade war may well be about to enter its endgame. The next round of negotiations could be the last real chance to find a way through the trade, technology, and wider economic imbroglio that has been engulfing both countries.
Kevin Rudd, Asia Society Policy Institute | More

Markets
Investors need a new measure of economic growth
Much macroeconomic analysis is very narrow in scope. ESG factors are ignored all together. A new indicator of national progress measures economic dynamism and progress on meeting ESG goals.
Stephanie Kelly, Aberdeen Standard Investments| 0.25 CE | More

Strategies
Retirement spending and biological age
There is a growing body of evidence suggesting that chronological (C) age is dominated by biological (B) age as a better proxy for longevity risk. Practitioners must consider both ages when building portfolios and structuring retirement spending strategies.
Moshe Milevsky, York University| 1.00 CE | More

Finology
The Big Five: A new path to improving client service
There is scientific consensus that five major personality traits explain much of the behavioural differences between individuals - linking to financial outcomes, and preferences for advice.
Herman Brodie,Prospecta Limited | 0.50 CE | More

Investing
Research Review: The investment behaviour of hedge funds
Two papers looking at hedge funds provide further evidence that the more proactive managers are the best performers.
Ron Bird, Investment Management Research Program | 1.00 CE | More  

UPCOMING FACE-TO-FACE CE...

Certified Investment Management Analyst^® (CIMA^®)
Are you involved in any aspect of constructing multi-manager portfolios?
CIMA certification is the peak, international technical portfolio construction certification program designed for investment management analysts – that is, those involved in any aspect of constructing multi-manager portfolios, whether practitioner or advocate. Stand for more - more knowledge, skill and expertise - with CIMA certification.
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20-21 November | 12 CE/CPD hours
Investment Management Research Symposium 2019 (20-21 Nov 2019)
Established in 2007, the annual Investment Management Research Program Symposium presents contemporary investment research. Presented in collaboration with Macquarie University and supported by CIMA Society of Australia, it features an exceptional Faculty - academics from leading university business schools, independent consultants, central bankers, regulators and professional investors - presenting research related to this year's theme, "We are living in exceptional times".
Register now!

RECENT ONLINE CE...

Markets
Lagarde’s edge is Europe’s opportunity
Christine Lagarde will soon succeed Mario Draghi as president of the ECB. She is taking the reins at precisely the right moment for Europe to make the changes needed to avoid a second lost decade.
Mohamed El-Erian, Allianz| More

Markets | As seen at Portfolio Construction Forum Strategies Conference 2019
We will have to choose between the US and China in the 2020s
In the increasingly intense strategic and economic competition between Washington and Beijing, it's naive to think Australia can just sit on the sidelines.
Tom Switzer and panel | 0.75 CE | More

Philsophy | Strategies | Investing | Finology
5 essential portfolio construction components
Portfolio construction is multi-faceted and should be iterative. Five key components provide a framework to design quality portfolios to meet clients' objectives.
Annika Bradley, Lodrino| More

Markets | Strategies | As seen at Portfolio Construction Forum Strategies Conference 2019
Remove your rose coloured binoculars, reality is setting in
Hindsight has taught us the importance of active core bond funds as an insurance policy. Now is the time to consider expanding your investable universe as the secular need for income intensifies.
Rob Mead, PIMCO| 0.50 CE | More

Markets | Investing
Research Review: More on market anomalies
Are markets efficient? Recent research suggests not, finding media impacts information dissemination, and mispricing explains the value premium.
Prof Ron Bird, Investment Management Research Program | 1.00 CE | More

Markets
Four collision courses for the global economy
There are several geo-economic games of chicken playing out. In each case, failure to compromise would lead to a collision, most likely followed by a global recession and financial crisis.
Nouriel Roubini, Roubini Macro Associates | More

Markets
The post GFC 'cheap money' bubbles are popping
For most of the last 10 years, the world's major central banks have been creating significant amounts of cheap money, inflating several bubbles. Those bubbles are beginning to burst.
Chris Watling, Longview Economics | 0.25 CE | 1 comment | More

Markets | Strategies
The race of our lives revisited (in a nutshell)
Climate change has moved faster than most thought possible. There will be exciting investment opportunities in companies focused on climate change mitigation and adaptation.
Jeremy Grantham, GMO | 1.00 CE | More

Markets | Investing | Philosophy
The heat is on - where investing meets investors
Human beliefs, biases and behaviours are central to the behaviour of financial markets, causing financial and economic instability to persist.
Pippa Malmgren, DRPM Group | 0.50 CE | 1 comment | More

Markets | Strategies
Uncertainty requires more dynamism in delivering outcomes
Few clients have the 20-year horizon required for today’s strategically-oriented models to become consistent with suggested outcomes, such as CPI+4%. This builds in a structural mismatch.
Michael Kelly, PineBridge Investments | 0.25 CE | More

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