Forum Fodder

Forum Fodder | Friday 18 March 2022

“Russia is being disconnected from the global system, one economic and financial wire after another.” – Mohamed El-Erian, President of Queens’ College, Cambridge University, and adviser to Allianz (Financial Times, 15 March 2022).

All the best for another week’s continuing education!
Graham
P.S. Showcase your skills at the inaugural S&P Global Marketplace Hackathon for the Pacific region and answer one of our industry’s most pressing questions - Decarbonisation, the decade of opportunity or a new set of financial risks? Find out more

Markets

Economic weapons of mass destruction
The unprecedented economic weapons that have been deployed against Russia will be unquestionably painful. But the risks must not be underplayed. When fully unleashed, sanctions, too, are weapons of mass destruction.
Raghuram Rajan, The University of Chicago Booth School of Business | Read

Markets

Spotlight on inflation
The hottest investment topic of the day is inflation and its possible impact on investment markets. In farrelly’s view, it is a storm in a teacup. This sanguine view is very much an outworking of our core philosophy that the long-term is much easier to forecast than the short-term.
Tim Farrelly, farrelly’s Investment Strategy | Read

Markets

Rich Pickings: Hari Balkrishna
Rich Pickings explores the investment beliefs and philosophies of prominent professional investors. In this episode, I’m in conversation with Hari Balkrishna, Portfolio Manager - Global Impact Equity Strategy, T. Rowe Price…
Graham Rich, Portfolio Construction Forum | Watch, Listen

Markets

In today’s world, a dedicated allocation to EM Debt is even more important
In 2022, emerging markets are poised to outperform the developed world, as Western policymakers tighten monetary policy and withdraw fiscal stimulus. Portfolios should be reallocated to those parts of the world that are beneficiaries of this macroeconomic backdrop.
Arif Joshi, Lazard Asset Management | Watch, Listen

Markets

Showcase your skills at the inaugural S&P Global Marketplace Hackathon
The Hackathon is an annual skill-based competition that challenges you to answer one of our industry’s most pressing questions - Decarbonisation, the decade of opportunity or a new set of financial risks? You’ll be given access to S&P Global’s rich suite of leading data sets to demonstrate your case through a portfolio analysis. A panel of industry experts will judge your submission, with awards for the top three teams. The Hackathon launched at Portfolio Construction Forum Markets Summit (23 February 2022).
Find out more

Philosophy | Portfolio Construction Forum proudly supports The Wayside Chapel

The flow
As we share life on this planet, the patterns of our lives mirror those found in the natural world. Bidden or unbidden, the heights and the depths of our shared existence weave their way through us…
Jon Owen, Wayside Chapel | Read

Finology | Invitation to investment advisers

Complimentary self-assessment to benchmark your Client Care & Practice knowledge and skills
FASEA requires that financial advisers continually improve their client care and practice knowledge and skills - doing so makes obvious business sense, as well. Our new Finology Benchmarking Indices (FBI) self assessment tool helps you benchmark your investing biases, beliefs and behaviours versus peers, to further empower your “client care and practice” knowledge and skills. It’s complimentary to our members who give investment advice, while we continue to develop it.
Portfolio Construction Forum | 0.50 CE | Take the FBI self-assessment

Markets

Beware the crowd – why having a differentiated approach is critical to investing
AEDT 12.00pm-1.00pm, Thu 31 Mar 2022
With rising rates, accelerating inflation, pandemic fatigue and geopolitical conflicts there is much to feel unsettled about. Platinum Asset Management CIO Andrew Clifford and Portfolio Manager Nik Dvornak will provide a reminder on why a differentiated approach is essential.
Platinum Asset Management | 1 CE | More info and to register

Markets

Fighting the last inflation war
The tendency to fight the last war stems from human nature. Recent events are most salient in shaping people’s perceptions of how the world works. As central banks are now realising, a longer-term historical perspective offers wisdom derived from a wider variety of circumstances.
Jeffrey Frankel, Harvard University | Read

Markets | As seen at Markets Summit 2022

The days of abnormal monetary policy are over
With US inflation at a 40-year high, and the housing and labour markets red hot, the US Fed has finally taken a distinct and meaningful step forward on the path back to normal. Investors need to accept that the days of abnormal monetary policy are over.
Jonathan Pain, The Pain Report | 0.50 CE | Watch, Listen

Markets | As seen at Markets Summit 2022

We must prepare for a more fractured world
As we shift to a bipolar or tripolar world, in which the US and China decouple more rapidly, and Europe lives somewhere in the middle, we must seek to understand the implications for asset classes, sectors and geographies.
John Mearsheimer, University of Chicago | Watch, Listen

Markets | As seen at Markets Summit 2022

Wheat and gold can help defend portfolios against a Russian invasion
Unlike the annexation of Crimea in 2014, the 2022 Russia-Ukraine crisis is occurring in an inflationary macro context. As in 2014, increasing exposures to wheat and gold to hedge against the risk of higher inflation is a strategy that should perform strongly.
Marko Papic, Clocktower Group | Watch, Listen

Markets

The end of free lunch economics
If everyone wants a free lunch, the bill eventually will be paid by those least able to afford it. Emerging-market economies have had to learn this the hard way. Developed countries may have to learn it again.
Raghuram Rajan, The University of Chicago Booth School of Business | Read

Markets | Strategies | As seen at Markets Summit 2022

Investors need a great defence and offence in a high growth world
Fiscal stimulus will help boost US growth to its strongest levels in decades in 2022 and European economies are poised to rebound. However, inflationary pressures will persist. Portfolios will need assets that provide downside protection, as well as strategies to capitalise on the growth ahead.
Ronald Temple, Lazard Asset Management | Watch, Listen

Investing

Design and distribution obligations (DDO)
DDO fundamentally changes how financial products are distributed to retail consumers, requiring issuers and distributors to have a consumer-centric approach to the design and distribution of products.
Portfolio Construction Forum | 2.00 CE | Read

Forum CE Library - over 660 CE/CPD hours
Complimentary for all Forum members, the Forum’s online on-demand CE Library offers over 660 CE/CPD hours of accredited learning resources, to help members meet the CE/CPD requirements of 20 governing bodies (regulators, associations, and institutes) including ASIC, APRA, FASEA, FMA, AFA, FPA and CIMA^® CE/CPD requirements, to name a few.
Earn CE/CPD hours

Forum CIMA CE Library - over 125 CE hours
This subset of our full CE Library features just those learning resources that are accredited for CIMA CE hours, so CIMA certificants can more easily find learning resources to meet their recertification obligation (at the same time as meeting the CE/CPD requirements of other governing bodies e.g. ASIC, APRA, FASEA, FMA, etc).
Earn CIMA CE hours

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