Forum Fodder

Forum Fodder | Friday 15 September 2023

It’s quite an achievement for an expression to be patronising, factually inaccurate, a contradiction in terms and a catalyst for political polarisation all within two words, but the deeply unhelpful term “Global South” manages it with aplomb. - Financial Times columnist, Alan Beattie (14 September 2023)

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

Markets

The global economy’s real enemy is geopolitics, not protectionism
The distinction between free trade and protectionism not only misrepresents recent history, it also misconstrues today’s policy transitions and the conditions needed for a healthy global economy.
Dani Rodrik, Harvard University | Read

Markets | As seen at Strategies Conference 2023

If you do anything, beware the mania in AI stocks
Artificial intelligence will revolutionise our lives - but investors should beware the lofty multiples being assigned to AI-related stocks. We are in a replay of the dotcom bubble.
Dominique Dwor-Frecaut, Macro Hive | Listen, Watch

Strategies | Markets | Philosophy | As seen at Strategies Conference 2023

If you do anything, embrace regime change in portfolios
Markets have undergone a regime shift - to prosper, we need to understand the factors that will be crucial to building multi-asset portfolios capable of delivering financial wellbeing in the years ahead.
Steve Hanke, Johns Hopkins University | 0.50 CE | Listen, Watch

Strategies | Markets | As seen at Strategies Conference 2023

A regime shift demands an increased allocation to bonds
At a time when “you can do anything”, there are meaningful implications and opportunities for portfolio rebalancing and investors still structurally underweight bonds need to put aside recency bias and “do something” - now.
Rob Mead, PIMCO | 0.25 CE | Listen, Watch

Markets | Philosophy

The 40-year dream regime is over, you can’t do nothing
August 1982 was a banner month. It saw the dawn of a new regime for investors – and for record labels – that was to run for 40 years. But in 2022, cash rates finally ended their 40-year decline. And the world turned for investors.
Graham Harman, Portfolio Construction Forum | Read

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

Does an expanded BRICS mean anything?
Now that the BRICS (Brazil, Russia, India, China, and South Africa) will accept new members, can the grouping pose a genuine challenge to the prevailing global-governance institutions?
Jim O’Neill | Read

Strategies | Markets

Spotlight on hedge funds
For the first two decades of their life, hedged funds produced outstanding returns on average. For the past 20 years, it’s not been so good. In this Spotlight, we review the reasons why, and whether there are any hedge funds worthy of inclusion in portfolios.
Tim Farrelly, farrelly’s Investment Strategy | Read

Markets

If you do anything, think about energy, AI and geopolitics
Beyond a near-term sluggish outlook for global growth, practitioners should think about three key forces which will drive long-term market risks and opportunities.
Ronald Temple, Lazard | Listen, Watch

Markets

If you do anything, exploit the alpha in currency markets
Since central banks abandoned their ultra-loose monetary policies, currencies once again offer a source of investment returns, as well as portfolio diversification.
Razvan Remsing, Aspect Capital | 1.00 CE | Read, Listen, Watch

Strategies | Markets

The equity affair is fraught - it’s time to partner with bonds
Achieving equity like returns with much lower risk and equivalent liquidity is the holy grail that is now on offer from high yield.
Paul Benson, Insight Investment | 0.25 CE | Listen, Watch

Markets

A mild global contraction is coming
While a severe hurricane for the global economy looks less likely than it did a few months ago, we are still likely to encounter a tropical storm that could cause significant economic and financial damage.
Nouriel Roubini, Roubini Macro Associates | Read

Markets

Q&A: US dollar will remain the world’s reserve currency
While the US dollar’s share of global foreign exchange reserves is in long-term decline, the currency’s dominance will continue despite the rising risk of embedded inflation.
Woody Brock, SED | 1.00 CE | Read, Listen, Watch

Strategies | Markets

You can’t do everything, but you can focus on trends
As economies slow, fixed income will once again provide portfolio diversification, allowing practitioners to focus on capturing long-term trends such as climate change and artificial intelligence.
Chris Iggo, AXA Investment Managers | 0.25 CE | Listen, Watch

Finology

Motivating clients to be more active in the financial planning process
Advice Engagement is a framework that helps advisers focus on understanding their clients’ needs and improving their outcomes, by improving the likelihood that the client will accept and follow the advice.
Michael Lecours, fpPathfinder, courtesy of Kitces.com | Read

Finology | Philosophy

Philosophy Lecture: Ethics matters and ethical awareness
This lecture explores the concept of ethics, contemporary issues in financial services as they relate to ethics, and the relevancy and application of ethics in our everyday lives.
Clare Payne, EY | 2.50 CE | Read, Watch

Forum CE Library - over 700 CE/CPD hours
Complimentary for all Forum members, the Forum’s online on-demand CE Library offers over 700 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 (AU), FAAA, FMA and CIMA^® CE/CPD requirements, to name just a few.
Earn CE/CPD hours

Forum CIMA CE Library - over 150 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 (AU), FAAA, FMA etc).
Earn CIMA CE hours

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