Forum Fodder

Forum Fodder | Friday 24 April 2026

“We’re seeing tradies in their vests coming to our free supermarkets, and the queue is around 500 to 600 people. We have never seen anything like we are seeing right now…” - Ronni Kahn, founder of Australian food relief charity OzHarvest (23 April 2026)

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

Markets

The private credit panic is overblown
Private credit markets are under growing stress, fuelling fears of a financial crisis that could spill over to the real economy. But a closer look at the evidence suggests predictions of a meltdown are running well ahead of the facts.
Dambisa Moyo, Versaca Investments | Read

Strategies | Markets | Investing | As seen at Markets Summit 2026

The new world favours global small-cap equities
A changing equity market structure is emerging, driven by changing investor behaviour and advances in AI - and global small-cap equities sit at the centre of this shift, as one of the last frontiers of inefficiency in public markets.
Sadhvi Gupta, Goldman Sachs Asset Management | 0.25 CE | Watch, Listen

Strategies | Markets | Investing | As seen at Markets Summit 2026

Core infrastructure is a generational investment opportunity?
Headlines highlight the growing demand for power generation, largely driven by digitalisation, AI, robotics, and automation. The undersupply of infrastructure needed to support it provides a real market opportunity for investors.
Teiki Benveniste, Ares Wealth Management Solutions | 0.50 CE | Watch, Listen

Philosophy

Research Review: What if everyone did that?
When considering the ethics of our actions, we often rely on two approaches - considering the outcomes and consequences, and whether the action accords with rules and norms. The effectiveness of a third approach is the focus of this research paper.
Rob Hamshar, Portfolio Construction Forum | 1.50 CE (Ethics) | Read

Strategies | Markets

Market Signals: Markets vs system reality
Markets can remain stable at the index level even as risk becomes more uneven, more concentrated, and more difficult to hedge. This week’s signals suggest that is now the dominant dynamic.
Nick Schoenmaker, Portfolio Construction Forum | 0.25 CE | Read

Markets

The decline and fall of the dollar empire
Timely reminder right on the 822nd anniversary of the sack of Constantinople that empires fail slowly…
Simon Michael, Smart Group | Read

Strategies | Markets

Thinking Differently About Markets
Embracing complexity economics to better understand how markets really work
The Thinking Differently About Markets subscription service enables a deeper and more realistic understanding of economic and financial dynamics, empowering greater clarity and agility in portfolio construction.
Subscribe and join a Community of Practice that recognises that the traditional tools and theories of economic orthodoxy are not sufficient, and embraces complexity economics - in which the economy is more akin to an ecosystem, the brain, or the internet than to the mechanistic models of traditional theory.
Thinking Differently About Markets will help you create robust portfolios by deepening your understanding of how economies and markets really work. Find out more!

Strategies

Portfolio Compass
An efficient, effective tool to better connect portfolios to client objectives
Portfolio Compass enables you to easily and confidently identify robust asset allocations that can deliver on required investment objectives. Developed in association with Evergreen Consultants, you can rapidly analyse the risk and return characteristics of a portfolio’s existing asset allocation and analyse options to adjust it, create and monitor customised asset allocations for individual clients, and set practice-wide asset allocations based on your firm’s investment philosophy and client risk profiles. The highly visual interface enhances transparency and clarity of communication with clients about their portfolios.
Portfolio Compass will deepen your understanding and control of one of the most important parts of the investment process – the asset allocation of a portfolio. Find out more!

Strategies | Markets | Investing | Philosophy

Short Course: Mastering private debt investing
Examining the unique characteristics that make private debt a compelling investment.
Private debt has grown in popularity as an alternative source of debt financing, with the asset class tripling in size since 2008. Curated and produced by Portfolio Construction Forum, and led by private debt investing subject matter expert, Andrew Lockhart, this self-paced, two-hour online short course equips you with the expertise to navigate private debt investment confidently across diverse market conditions.
Metrics & Portfolio Construction Forum | 2.00 CE | Enrol

Finology | Philosophy | * Premium *

Behavioural Finance: Investment decision-making short course
Led by behavioural finance expert, Herman Brodie, this online, on-demand course completed at your own pace 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 (incl 1.00 ethics) | Enrol

Markets

The decline and fall of the dollar empire
There is angst in the air about the US dollar’s once and future global role. It is not hard to hear echoes of ancient history in current anxiety around the dollar.
Barry Eichengreen, University of California | Read

Investing | Finology | Philosophy

The Inquisitor: Behaviour is key to alpha - Clare Flynn Levy
Behavioural analysis enables a deeper insight into fund performance and the identification of highly skilled managers capable of generating consistent investment alpha.
Robert Huebscher, Portfolio Construction Forum | 0.75 CE | Watch, Listen

Strategies | Markets | Investing | As seen at Markets Summit 2026

It’s a new world of price sensitive demand for fixed income
After more than two decades of an ever-present central bank demand backstop, we’re now entering a global fixed income market devoid of price insensitive demand, challenging the risk/return profile going forward.
James McAlevey, BNP Paribas Asset Management | 0.25 CE | Watch, Listen

Strategies | Markets | As seen at Markets Summit 2026

ABF offers the best risk-adjusted yield in private markets today
Post-GFC, banks trimmed corporate credit risk from their balance sheets, creating a direct lending boom. We are now in the early innings of Asset Backed Finance filling a similar capital void.
Owen Libby, Blue Owl Capital | 0.25 CE | Watch, Listen

Strategies | Markets

Market Signals: Stability priced, risks rising
Markets are currently pricing stability. But the underlying system remains constrained and market structure is becoming more fragile. The gap between pricing and reality is where risk tends to emerge.
Nick Schoenmaker, Portfolio Construction Forum | 0.25 CE | Read

Markets

Is financial deregulation under Trump going too far?
Recent work by Tyler Goodspeed indicates that most recession start because of banking failure and disruption to energy supply chains…
Stephen Maher, Stephen A Maher & Co | Read

Markets

Is financial deregulation under Trump going too far?
If you had asked me six months ago about the risks of another massive financial crisis in the US, I would have said it is always possible, but much more likely elsewhere. I seem to have underestimated the deregulatory zeal of Trump’s administration.
Kenneth Rogoff, Harvard University | Read

Strategies | Markets

An asset class for the next portfolio construction cycle?
If asked today whether a high-quality unlisted property fund would outperform the S&P 500 over the next 10 years, most investment advisers would, without hesitation, back the S&P 500. However, they may be wrong.
Justin McLaughlin, Scarcity Partners | Read

Strategies | Markets | Investing | As seen at Markets Summit 2026

A whole new world demands bold, flexible liquid alternatives
Liquid alternatives promise two things - diversification from equities and compelling standalone returns. Yet most fall short. Investors need liquid alternatives to be bold and flexible.
Suhail Shaikh, Fulcrum Asset Management | 0.25 CE | Watch, Listen

Strategies | Markets | Investing | As seen at Markets Summit 2026

US technological dominance is cracking, a new power is rising
The first phase of the AI super cycle was driven by a narrow group of US companies, but the world’s reliance and dependence on US technology and defence has shifted. A new chapter of technological power has begun beyond US borders.
Billy Leung, Global X | 0.25 CE | Watch, Listen

Strategies | Markets

Market Signals: When hedging stops working
A market can absorb volatility for a long time. It can absorb headlines, short-term oil spikes, and contradictory policy signals. What is harder to absorb is a shift from price disruption to actual constraint.
Nick Schoenmaker, Portfolio Construction Forum | 0.25 CE | Read

Forum CE Library - over 1,000 CE/CPD hours
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Forum CIMA CE Library - over 170 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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