Forum Fodder

Forum Fodder | Friday 21 April 2023

The pandemic…is still affecting everything that we see in the economy and in the corporate world. The pig has not yet moved all the way through the python. - John Authers, Senior Editor for Markets at Bloomberg (17 April 2023).

All the best for another week’s continuing education!
Graham

Finology

Finology Summit 2023 - Uncertainty | Exploring human factors in portfolio construction
AEST 8.30am-5.30pm Wednesday 03 May 2023
Finology Summit explores the human factors – beliefs, behaviours and principles - in portfolio construction. The focus of this year’s program is “Uncertainty”. Designed and curated by our specialist, experienced and independent team, the program features an exceptional Faculty of experts from around the world, each offering a high conviction perspective on a facet of investment uncertainty and/or certainty. This year’s program includes: Adam Ferrier on how humans are hard wired to deal with uncertainty; Clare Flynn Levy on how to master our biases to improve our investment skills; Elise Payzan-Le Nestour, PhD, on how neurofinance insights can improve investor decision-making; and, Herman Brodie on how to overcome the heuristics that have us make poor investment “sell” decisions.
Join us in person at our live studio, a live site, or via live stream | 7-11 CE | Register now!

Markets

A BRICS threat to the US dollar?
Until the BRICS countries can find a credible alternative for their own savings, the greenback’s dominance will not really be in doubt.
Jim O’Neill | Read

Markets | As seen at Markets Summit 2023

The RBA is crashing the party
The RBA is set to continue rate hikes that will bring on an earnings recession in 2023. Use Australian equity market weakness later in this year as the silver lining to position for an improved long-term outlook for Australian equities.
William Curtayne, Milford Asset Management | 0.50 CE | Listen, Watch

Markets | As seen at Markets Summit 2023

We live in a multi-polar world and ought to invest like it
Investors will have to work harder to make money than just owning US beta. The silver lining is that there are large equity markets and sectors that are cheap with significant growth drivers.
Julian McCormack, Platinum Asset Management | 0.50 CE | Listen, Watch

Markets | As seen at Markets Summit 2023

Portfolios need to embrace secular trends
Sustainability is at the core of future societies. By channelling investments in companies with sustainable practices, heightened by environmental and social conscience, investors can seize opportunities in transitioning economies.
Ecaterina Bigos, AXA Investment Managers | 0.50 CE | Listen, Watch

Markets | Strategies | As seen at Markets Summit 2023

Private equity is no longer an alternative asset class
Inclusion of private equity as an alternative asset in portfolios is an out-of-date approach that does not consider secular trends in companies staying private and the unfolding democratisation of PE.
David Chan, MLC Asset Management | 0.50 CE | Listen, Watch

Finology | Philosophy

Behavioural Finance: Investment decision-making short course
Led by behavioural finance expert, Herman Brodie, the Behavioural Finance - Investment Decision-Making course will help you identify, analyse and evaluate the principal human preferences that influence decision-making in situations of uncertainty, so you can recognise and identify these preferences in others, to improve investment decision-making.
Herman Brodie | 8.00 CE | Enrol

Markets

The coming doom loop
The basic principle of duration risk seems to have been lost on many bankers, fixed-income investors, and bank regulators. After being a non-factor for the last 15 years, the interest-rate sensitivity of deposits has returned to the fore.
Nouriel Roubini, Roubini Macro Associates | Read

Markets | Rated in the top 3 at Markets Summit 2023

Decade-high yields alone don’t make bonds attractive
Those constructing portfolios must understand the nuances of bond risk/return drivers and how bond market performance can be impacted by different macro scenarios. Opportunities abound.
Gopi Karunakaran, Ardea Investment Management | 0.50 CE | Listen, Watch

Markets | Rated in the top 5 at Markets Summit 2023

In an AI world, semiconductors are the new oil
Global demand for greater computing power continues to escalate, presenting an exciting silver lining of possibilities and investment potential.
Nick Griffin, Munro Partners | 0.50 CE | Listen, Watch

Markets | Rated in the top 5 at Markets Summit 2023

The tide is set to rise for emerging markets equities
After a lost decade, cyclical and structural headwinds are abating for emerging market equities, while profound secular changes are becoming tailwinds. But the path ahead will look very different to the past.
Tassos Stassopoulos, Trinetra Investment Management | 0.50 CE | Listen, Watch

Finology | Philosophy | As seen at Finology Summit 2021

Ethical decision making is not an oxymoron
Many assume there are two kinds of business decision makers - those who are ethical and those who are not. However, most of us are both.
Dafna Eylon, Eylon Associates | 1.00 CE | Listen, Watch

Markets

Reimagining global integration
Speculation that the world is deglobalising misses the mark - global integration is evolving, not retreating, in the digital era. Our world has changed.
Olivia White and Jonathan Woetzel, McKinsey & Company | Read

Markets | Strategies | Rated in the top 3 at Markets Summit 2023

This time really IS different
Investors need to leverage the experience of past decades while also humbly contemplating an uncertain outlook. Compared to any post-WWII period, this time really is different!
Ronald Temple, Lazard Asset Management | 0.50 CE | Listen, Watch

Markets | Rated in the top 3 at Markets Summit 2023

It’s time to say goodbye to TINA
The pre-pandemic New Normal decade introduced investors to TINA - there is no alternative. With interest rates and bond yields having moved higher, it’s time to say goodbye to TINA because bonds are back.
Daniel Ivascyn, PIMCO | 0.50 CE | Listen, Watch

Finology | As seen at Finology Summit 2021

Helping clients decumulate responsibly promotes well-being
The mind-set that works so well when people are building their nest egg for retirement can damage their quality of life in retirement. We help clients accumulate responsibly - we can help them decumulate responsibly, too.
Meir Statman, Santa Clara University | 0.75 CE | Read, Listen, Watch

Finology | As seen at Finology Summit 2021

Simplicity wins in financial decision making
There are strong behavioural biases that attract investors to complex strategies. However, introducing complexity will, on average, diminish the odds of success and detract from returns.
Stephen Arnold, Aoris Investment Management | 0.50 CE | Listen, Watch

Forum CE Library - over 700 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, Legislated (was FASEA), AFA, FPA, FMA and CIMA^® CE/CPD requirements, to name a few.
Earn CE/CPD hours

Forum CIMA CE Library - over 140 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, Legislated (was FASEA), FPA, AFA, FMA, etc).
Earn CIMA CE hours

Connect with us on LinkedIn
We let my LinkedIn network know as soon as we release new articles on portfolioconstructionforum.edu.au and when registration opens for our face-to-face CE programs. And of course, I’d welcome having an offline direct conversation with you any time.