Tipping Point Tables - Expected returns have changed little over the quarter. Most markets remain at around Fair Value.

Editorial - We look at the performance of Australian Equities, particularly against US Equities, to test the idea that Australian Equities has been a serial underperformer. We find that Australian Equities has indeed underperformed over the past decade but that the longer term record is very different. After including dividends, imputation credits and currency impacts, the long-term return from Australian Equities is simi...