Established in 2002, Strategies Summit is THE portfolio construction strategies conference of the year. Presented each August, the program features 50+ carefully selected leading investment thinkers who will challenge and refresh your portfolio construction thinking by debating contemporary and emerging portfolio construction strategies, for you to consider applying in practice to build better quality portfolios.
Private credit is entering a new phase of maturity, expanding beyond direct lending into a broader spectrum of asset-based finance. For portfolio constructors seeking stability and yield - it's time to make a move.
There's been a slow-moving dynamic playing out within global real estate which is setting up the sector for multi-period outperformance. This dynamic is widespread but acute in some sectors.
Rich Pickings explores the investment beliefs and philosophies of prominent professional investors. In this episode, I'm in conversation with London-based, absolute return fixed income investor, James McAlevey, BNP Paribas Asset Management...
The future of money and payment systems will be characterised by evolution, not some radical crypto revolution. One way or another, it will remain within the state's purview.
Private market assets can complement traditional equity and fixed income allocations, helping investors participate in the upside of favourable equity markets while mitigating drawdowns in difficult ones.
A complex array of issues is changing the outlook for economies and investment markets. It is time to make a move to better understand these issues so we can better manage risk and uncertainty, and design portfolios capable of improving the financial well-being of individuals.
In an era defined by rapid economic shifts and evolving banking regulation, the time to make a move is now – asset-based finance is emerging as a compelling frontier for investors.
With parts of the private credit market under pressure from rising impairments and liquidity constraints, investment-grade credit provides a way to access equity-like returns without taking on additional risk or sacrificing liquidity.
Investors should challenge what value means in today's evolving market and think pragmatically about how value co-exists alongside other accretive factors, thereby uncovering opportunities that challenge the traditional definition.
An absolute return, long-short approach to global equities investing offers the freedom to invest in the best long-term opportunities whatever they are, turning time and disruption into a competitive advantage.
Private credit is a maturing asset class globally but expanding rapidly in Europe, with spreads tending to price at a premium to their US counterparts, providing higher interest cover and lower default rates.
It's time to move global equities portfolio construction and stock selection with the corporate life cycle - for alpha, balance, and consistency.
The explosion of data and advances in AI have permanently changed active investing. The alpha edge lies not in discarding skill, but in scaling it.
Our panel explores three asset class issues that it's time to make a move on - including private markets, Australian private credit and global listed infrastructure.
Capital and companies are shifting away from public markets, as private markets have demonstrated return outperformance (with less volatility) over a long period of time.
Emerging markets account for over half the world's population and a third of global GDP, yet they remain glaringly underrepresented in most investment portfolios. Today's low valuations could be the springboard for a powerful rebound.
In today's markets, the challenge isn't ignorance – it's bias. The edge lies in discovering what's happening, but in discerning what truly matters. Now is the time for systematic investing.
Our panel explores three portfolio deign issues that it's time to make a move on - building bespoke portfolios, taking a Total Portfolio Approach (TPA) to alternatives, and including emerging markets in portfolios again.
The enduring gap between investors’ intentions and their market actions is a critical challenge. While investors may voice clear objectives, ranging from long-term retirement savings to ethical mandates, their behaviour often lags. This is not a failure of financial knowledge, but a misalignment between personal values and portfolio goals. By first articulating and understanding their core values, investors can design objectives that are not just financially sound but also compelling psychologically and behaviourally. This values-first approach closes the gap between intent and action, leading to more effective portfolios.
Picking back up from the inaugural Portfolio Construction Forum da Vinci Lecture, Michael Stutchbury and Oliver Hartwich discuss the five crises threatening the foundations of the Western order and the practical implications for Australia and NZ.
Our diverse panel of asset class experts discusses and clarifies the implications of four global economic and markets outlook scenarios for the medium-term (three-year) outlook for key asset classes.
Our diverse panel of portfolio construction practitioners discusses which of the high conviction propositions they heard during Strategies Summit 2025 it is time to make a move on, to design resilient portfolios in practice.
Investment is more than technical; it is fiduciary and communal, requiring alignment with values and stewardship of economic and social foundations. Oliver draws together the threads of Strategies Summit 2025, sharing his key takeouts and the implications for investment fiduciaries becoming civilisational stewards.
For much of the past four decades, the key to investing success was to stay long (and get longer!) risk assets. Even in the changed environment of 2020-2024, going with the flow was a good strategy most of the time. But is that still the case? Strategies Summit 2025 (Wed-Thu 20-21 Aug) will challenge and refresh your portfolio construction thinking by debating contemporary and emerging portfolio construction strategies to help you build better quality portfolios.
This paper provides a great summary of the role played by asset consultants and the existing literature on asset consulting (including why they're fired).
Certified Investment Management Analyst (CIMA) is the peak, international technical portfolio construction certification program designed for investment management analysts - that is, those involved in any aspect of constructing multi-asset, multi-manager portfolios.
The Investment Management Analyst Certificate (IMAC) advances investment management analyst knowledge, skill and expertise in a definitive set of competencies necessary for building and/or advising on quality multi-manager portfolios. It is both a structured post-graduate certificate course in its own right, and the Australian-based Registered Education Program for the global Certified Investment Management Analyst® (CIMA®) program.
Retirement is just one phase in life. This paper provides some interesting insights into mandatory superannuation and its implications for pre- and post-retirement consumption.
While there is a grain of truth in many of the arguments supporting the claim that private credit is set to blow up, most are vastly overblown or, where correct, can easily be managed.
This lecture instructs IMAC candidates on the characteristics of hedge fund investments.
This lecture instructs IMAC candidates on the characteristics of digital asset investments.
This lecture instructs IMAC candidates on the on the definitions and characteristics and the use of public and private real asset investments in multi-asset portfolios.
This lecture instructs IMAC candidates on the characteristics of private debt investments.
This lecture instructs IMAC candidates on the characteristics of private equity investtments.
This lecture instructs IMAC candidates on the characteristics of private real asset investments.
Private equity is promoted as providing returns several per cent higher than investing in public equity markets. These two papers reveal the true returns that private equity delivers to investors, identifying the real winners (the managers).
This lecture instructs IMAC candidates on the characteristics and analysis of Public Debt Investments.
This lecture instructs IMAC candidates on the principles of equity securities and analysis.
This Research Spotlight focuses on the Talaria Global Equity strategy, a value-biased global equities exposure executed through the use of exchange traded options.
If there is one thing those in the finance industry should understand, it is how markets function. The starting point is the Efficient Market Hypothesis - however EMH is amazingly poorly understood.
Our Markets Summit program kicks off with a video retrospective of the key events of the prior year...
The consensus on Wall Street is that the equity market will keep on rising in 2025. But independent economist, Andrew Hunt, thinks differently. He argues that the US corporate sector is highly leveraged and struggling to generate profits, with private credit posing a systemic risk.