1. An extraordinary year

    My bottom line for 2014 is that investors should be overweight global equities, underweight bonds. My biggest call? China's stockmarket could be the best performing.

    Jonathan Pain | 06-12-13 | More
  2. Looking for bubbles

    There has been much talk about bubbles in recent months. But to work out whether an asset class is in a bubble, you first need to identify the talk you should ignore.

    Dominic McCormick | 06-12-13 | More
  3. Fortune favours the well informed

    A year ago, the world was salivating at the prospect of current account deficits in the developing world. Now, it's terrified. It's a terrific investment opportunity.

    Bruce Stout, Aberdeen Asset Management | 05-12-13 | More
  4. US v China superpower battle is heating up

    The export of inflation by the US can do far more damage to China's effort to become a self-sufficient superpower than almost anything else the US could have thought of.

    Hon. Dr Pippa Malmgren, DRPM Group | 04-12-13 | 1 comment | More
  5. Back to housing bubbles

    Five years on from the GFC, we are witnessing in many countries a slow-motion replay of the last housing-market train wreck.

    Nouriel Roubini | 02-12-13 | More
  6. Squeezing out more juice

    We are introducing three new investment scenarios for 2014 - our base case, Low for Longer; our bull case Growth Breakout, and our bear scenario, Imbalances Tip Over.

    BlackRock Investment Institute | 01-12-13 | More
  7. The unintended consequences of ultra-easy monetary policy

    Today's long period of very easy money and very low yields has distorted the financial system. This will cause unintended consequences in the near future as QE ends.

    Woody Brock | 30-11-13 | More
  8. What's a fair return?

    What's a very good long-term return from equity markets? What's fair? Take for example, Sigma Pharmaceuticals.

    Simon Mawhinney, Allan Gray | 27-11-13 | More
  9. The logical ability to outperform the market

    Efficient market theory claims you can't beat the market. Seductive as it is, this claim is incorrect, as research makes clear.

    Woody Brock | 26-11-13 | More
  10. It's time to look to alternatives

    It's now time to start looking into alternatives to equities and bonds.

    Tim Farrelly | 25-11-13 | 2 comments | More
  11. Academy Spring Seminar 2013 - Resources Kit

    The Academy Spring Seminar 2013 featured four sessions: Mock FOMC meeting; The state of economics/investing and of long-term expectations; A global perspective to bottom-up fundamental research, an Insurance sector case study; and, Investing in property.

    21-11-13 | 4 comments | More
  12. Forget the yield curve

    If I only had a dollar for every time I've read the US is safe from recession as "the yield curve is positively sloped."

    Charles Gave, GaveKal | 13-11-13 | More
  13. Understanding asset prices

    Predictability of asset returns is one of the most important issues in finance. This year's Nobel Prize in Economic Sciences was shared by three pioneers in the field.

    Angela Ashton, PortfolioConstruction Forum | 13-11-13 | More
  14. 2013 Conference - Webcast

    Conference 2013 facilitated debate on the markets, strategies and investing with particular focus on how to better construct portfolios for the whole of an investor's life so that they are more likely to achieve their goals.

    12-11-13 | More
  15. The uncertain future of Central Bank supremacy

    Advanced-country central banks are putting on the line their independence and credibility.

    Mohamed El-Erian | 11-11-13 | More
  16. Bubbles, bubbles everywhere

    We've seen this movie before.Bubbles happen regularly - but why are we seeing so many bubbles now?

    John Mauldin, Mauldin Economics | 08-11-13 | More
  17. Is economics a science?

    As one of the winners of this year's Nobel Memorial Prize in Economic Sciences, I'm acutely aware of criticism of the prize by those who claim that economics is not a science.

    Robert J. Shiller | 07-11-13 | More
  18. Comparing apples with oranges

    The Australian equity market has lagged far behind the US this year. But the S&P/ASX200 is actually ahead since the GFC market lows.

    Don Hamson, Plato Investment Management | 06-11-13 | More
  19. Bubbles in the broth

    The collapse from 2007 to 2009 of equity, credit, and housing bubbles led to severe financial crises and economic damage. Are we at risk of another financial boom and bust?

    Nouriel Roubini | 01-11-13 | More
  20. Next exit - the road ahead for the Fed

    One Fed exit has become clear. Chairman Ben Bernanke will hand over to Janet Yellen. The second - exiting an era of ultra-loose monetary policies - is fiendishly difficult.

    BlackRock Investment Institute | 31-10-13 | More
  21. Managing 3 shock risks for the next decade

    Three key shock risks will affect investors over the next decade, requiring a real difference in how we construct portfolios for retirement.

    Nick Bullman, CheckRisk | 30-10-13 | More
  22. China's wake-up call from Washington

    The US debt ceiling debacle sent a clear message to China. The US may have to pay a much steeper price for capital.

    Stephen Roach | 25-10-13 | More
  23. Gold - the lead in many portfolios

    Gold's disappointing performance has been a topic of discussion at GaveKal. Most of us come down on the side of one of four possible explanations.

    Louis-Vincent Gave, GaveKal | 23-10-13 | More
  24. Central banks calling the shots

    Central banks are likely to dominate investment news for years to come. Most of it will be noise. However, some of it will be critically important.

    Tim Farrelly | 22-10-13 | 1 comment | More
  25. Why DFA's new research is flawed

    This article, and DFA's silence, prompted a storm of response - and contributes to understanding the "science" of portfolio construction.

    Angela Ashton, PortfolioConstruction Forum | 21-10-13 | 7 comments | More
  26. Dead cat bounce - the failure of macroeconomics

    What makes this cycle so different? Five reasons - two are quite conventional, three are not. With proper economic policies, good times could lie ahead for the West.

    Woody Brock | 08-10-13 | More
  27. How do you run out of money when you are printing it?

    The US debt debate cannot be blindly dismissed as a short-term issue. It will be navigated, but with no real solution - the ingredients are being put in place for higher bond yields.

    John Abernethy, Clime | 07-10-13 | 1 comment | More
  28. A world without risk free assets?

    The history of good sovereigns defaulting is a rich one, going back to the Middle Ages and Renaissance period. What could replace US Treasuries as the risk free asset?

    Angela Ashton, PortfolioConstruction Forum | 26-09-13 | More
  29. Forward PEs look attractive?

    "Forward PEs look attractive" is often offered as an astute observation. It's almost a truism. But does using forward PEs to assess market valuations work?

    Tim Farrelly | 23-09-13 | 1 comment | More
  30. Don't fight the Fed

    So it was all a storm in a teacup. Markets have been going through a series of "taper tantrums” since Bernanke first mentioned the idea of tapering.

    Anatole Kaletsky | 19-09-13 | More
  31. Insights from Jackson Hole

    The recent Jackson Hole Federal Reserve Conference was my 10th or 11th. I saw a fascinating disconnect between policymakers and the markets.

    Hon. Dr Pippa Malmgren, DRPM Group | 16-09-13 | 3 comments | More
  32. It really IS different this time

    I'm used to being alone and against consensus. I believe the next decade is going to see the strongest level of global economic growth anyone today has seen.

    Jonathan Pain | 10-09-13 | More
  33. All routes lead to the same exit

    The Fed will have to think of a new strategy to reopen the availability of credit - and that is a problem. At present, all routes of Bernanke's QE maze lead to the same exit - deflation.

    Nick Bullman, CheckRisk | 09-09-13 | More
  34. Abe's third arrow

    Abenomics brought rapid policy change to Japan and its economy is showing signs of improvement. More change is needed but it could work out nicely.

    David Hale, David Hale Global Economics | 03-09-13 | More
  35. Two fallacies behind the Big Data revolution

    The view is that advent of Big Data is a transformative event. But there are two arguments against the importance of Big Data to the economy and advancement of social welfare.

    Woody Brock | 02-09-13 | 1 comment | More
  36. Regulators may burst any house price bubble

    Now you should be long housing - but it is exposed to some regulatory risks and headwinds we should understand.

    Christopher Joye, Smarter Money Investments | 31-08-13 | 2 comments | More
  37. The next head of the Fed

    There is intense speculation as to who will be the next chair of the US Fed.

    David Hale, David Hale Global Economics | 27-08-13 | More
  38. Xi - the first nine months

    For the past nine months, China has had a very new type of leader.

    Linda Jakobson | 27-08-13 | More
  39. Of dynamite fishing and whales

    Investing during bear markets is like dynamite fishing. We're starting to see fairly large fish float to the surface.

    Charles Gave, GaveKal | 26-08-13 | More
  40. The rise of Indonesia

    Indonesia's rise is one of the big stories of the Asian century, a future great power in Asia, just behind China and India. Indonesia may matter as much to Australia investors as China and the US.

    Manu Bhaskaran, Centennial Asia Advisors | 22-08-13 | More
  41. Lifecycle investing - my key takeouts

    All of the Conference sessions are building blocks for this session which helps delegates determine the key takeouts from the jam-packed program and actions delegates should take when building investor portfolios.

    Tim Farrelly, Angela Ashton, David Bell | 22-08-13 | More
  42. Tailoring exposures for the Australian investor

    Australians have sought offshore diversification for years. The logical extension is to think more deeply about how to make offshore exposures complement local ones.

    Michael Blayney | 22-08-13 | More
  43. Does lending to debtors make sense?

    Allocating to countries with net wealth rather than net debt can lead to superior portfolio outcomes.

    Andy Seaman, Stratton Street Capital | 22-08-13 | More
  44. Why emerging markets are attractive today

    The first argument for investing in emerging markets is that's where the growth is. That said, high economic growth does not necessarily imply high stock returns.

    Prof. Burton Malkiel, Vanguard Investments | 22-08-13 | More
  45. Japan & China - turning the tables

    China needs to embrace a stronger RMB - can it become the EM's Duetsche Mark - while Japan has embarked on a structurally weak yen, with profound implications for the rest of the world.

    Louis-Vincent Gave, GaveKal | 22-08-13 | More
  46. South East Asia - the comeback kid

    Reforms undertaken after the 1997 crisis drive the economic resilience of South East Asia today. Going forward, cyclical risks exist, but the region is set to do better still.

    Manu Bhaskaran, Centennial Asia Advisors | 22-08-13 | More
  47. The implications of China's new proactive diplomacy

    China has a very new type of leader. It is in the sphere of domestic politics and economic policy, in particular, that the extent of Xi's power and his policy preferences are unclear. The signals have been mixed.

    Linda Jakobson | 22-08-13 | More
  48. Get the inside edge – accessing pure equity investments

    Australian investors can get better returns and increase the transparency of the companies they invest in, by including unlisted equity in portfolios.

    Stefan Naef, Partners Group | 21-08-13 | More
  49. The search for yield without compromising capital

    To fill the income void, investors need not look much further than Australia's liquid and ever-growing bond market which, unlike the majority of the developed world, still offers positive real rates.

    Robert Mead, PIMCO | 21-08-13 | More
  50. The nature of negative returns

    Recorded exclusively for PortfolioConstruction Forum, Sonal Desai argues it's vital to distinguish between sources of negative bond returns.

    Sonal Desai, Franklin Templeton Investments | 21-08-13 | More
  51. The volatility effect in emerging markets

    This paper examines the empirical relation between risk and return in emerging equity markets and finds that this relation is flat, or even negative.

    David Blitz, Juan Pang, & Pim van Vliet, Robeco | 11-08-13 | More
  52. Superannuation's contribution to Australia's economic future

    Australia faces big economic challenges - meaning superannuation will inevitably feel pressure for reform which will encompass four key changes.

    John Daley, Grattan Institute | 02-08-13 | More
  53. Risky business

    According to a recent survey, 37% of retirees cannot tolerate any portfolio losses in any one year. Even conservative portfolios would have failed that test over the past 25 years.

    DFS Portfolio Solutions | 26-07-13 | More
  54. Is Japanese QE a bridge to nowhere?

    Via its QE program, Japan has committed $100 billion toward infrastructure spending. Is it a bridge to nowhere?

    Mike Trudel, BlackRock | 25-07-13 | More
  55. Sea change - the end of ZIRP

    If "The Power of Zero" were a movie, we've just watched the end. The great rotation out of bonds has begun and the beneficiaries will be cash, property, and equities.

    Bill Priest, Epoch Investment Partners | 24-07-13 | More
  56. Is macro giving way to micro again?

    Big event risk is less important today than back in 2008 and 2009, when investing was all about whether the world was going to melt down. It's now important to focus on the micro.

    Hamish Douglass, Magellan Financial Group | 17-07-13 | More
  57. Bad omens

    Maybe the huge list of problems equity markets must work through is the usual wall of worry - but a simpler explanation would be a rising tide of bad omens.

    Louis-Vincent Gave & Charles Gave, GaveKal | 15-07-13 | More
  58. Woody Brock's challenge to Krugman

    We're not experiencing, as everybody thinks, a near-bursting bubble environment in bonds - and nor will the Fed trigger an uncontrollable rise in inflation when it ends its QE.

    Bob Veres, Inside Information | 12-07-13 | More
  59. Longevity in the age of Twitter

    In this talk Larry Fink paints an interesting picture of the trends, challenges and issues resulting from retirement funding, and the impact on the global economy in future.

    Larry Fink, BlackRock | 08-07-13 | More
  60. Global risk outlook for 2013 deterioriates

    The EU faces another stomach-churching Summer and Autumn, while the Euro correction has started. At least Australian velocity of money is painting a pretty positive picture.

    Nick Bullman, CheckRisk | 07-07-13 | More
  61. Getting micro about the macro

    Diversification across asset classes didn't hold up well under the blowtorch of the GFC. Allocating across risk factors, rather than asset classes, can lead to better diversification.

    Chris Campisano, BlackRock | 05-07-13 | 1 comment | More
  62. 2013 Symposium - CPD Quiz

    Symposium facilitated debate on the three pillars of portfolio construction – markets, strategies and investing - to help delegates build better quality portfolios. This CPD Quiz is for delegates to complete, to receive Structured CPD Hours.

    01-07-13 | More
  63. Cyberwars and investing

    Cyberspace is the new frontier and just like the old Wild West, bullets (albeit electronic ones) are flying. It is a big learning curve for investors.

    Hon. Dr Pippa Malmgren, DRPM Group | 01-07-13 | More
  64. Brazil and beyond

    LatAm is a relatively unexplored investment landscape that has some long-term advantages compared to Asia or emerging Europe.

    Igal Magendzo, Itau Asset Management | 25-06-13 | More
  65. Academy Winter Seminar 2013 - Resources Kit

    The Academy Winter Seminar 2013 features four sessions: Get micro about the macro - looking at big risks through the microscope; The Equity Risk Premium; A focus on Australian equities strategies in an objectives-based investing world; and, Equities and Inflation.

    21-06-13 | 1 comment | More
  66. Academy Autumn Seminar 2013 - Resources Kit

    The Academy Autumn Seminar 2013 featured five sessions: Market risk; Is Chinese growth a ponzi scheme?; Risk profiling; The approach to risk profiling for retirees; and Using risk factors to evaluate investments and build portfolios.

    21-06-13 | 3 comments | More
  67. Academy Summer Seminar 2013 - Resources Kit

    The Academy Summer Seminar 2013 featured three sessions: Making sense of the noise; Making sense of macroeconomic data; and, measurement and mis-measurement of risk.

    21-06-13 | More
  68. Academy Spring Seminar 2012 - Resources Kit

    The Academy Spring Seminar 2012 featured four sessions: Believe it or not; Improving decision-making under uncertainty; Diversification - where it works (and where it doesn't); and The changing of the Chinese guard.

    21-06-13 | More
  69. Nelson Mandela and South Africa - an extraordinary journey (1918 - 2013)

    In 1994, Nelson Mandela was elected President of South Africa. His capacity for forgiveness and sense of humility is a shining example for all humanity.

    Jonathan Pain | 20-06-13 | 6 comments | More
  70. Buckle up

    I continue to be positive on the broader global economic backdrop - but buckle up and prepare for some turbulence over the next few months.

    Jonathan Pain | 17-06-13 | More
  71. Will resources be the next high yield sector?

    Some lament the end of the mining boom - but resources company dividends payout ratios may now rise.

    Don Hamson, Plato Investment Management | 11-06-13 | More
  72. What if there's no exit?

    When the GFC started, governments increased spending and hoped for multiplier effects. Six years on, it appears the critics have been right all along.

    Oliver Hartwich, The New Zealand Initiative | 11-06-13 | 1 comment | More
  73. Don't sail in murky waters?

    When all the risks are plain to see, investors understandably become cautious. But often, the very best time to buy is when the risks are well and truly known.

    Tim Farrelly | 07-06-13 | 2 comments | More
  74. The great value divide

    Parts of the private equity market are offering three times the return of high yield debt, for a third less risk.

    Urs Wietlisbach, Partners Group | 07-06-13 | More
  75. To find alpha, first define it

    Everyone knows what alpha is - right? Yet even experienced practitioners fall into the trap of talking about alpha as being purely outperformance.

    James Dunn, PortfolioConstruction Forum | 07-06-13 | 2 comments | More
  76. The Fed's almost impossible balancing act

    The reaction of bond and equity markets in May highlights the almost impossible balancing act faced by the US Fed now the amount of monetary stimulus is so extreme.

    Christian Hawkesby, Harbour Asset Management | 07-06-13 | 2 comments | More
  77. 2013 Symposium - Resources Kit

    Symposium facilitates debate on the three pillars of portfolio construction – markets, strategies and investing. Established in 2011, it is THE New Zealand investment conference of the year.

    31-05-13 | More
  78. How pursuing your passion can land new clients

    Last week I spoke to an adviser about how he turns one of his favourite recreational activity into new clients. It's simple and has paid big dividends.

    Dan Richards, ClientInsights | 29-05-13 | More
  79. Should we use bucket strategies?

    Recent research shows that bucket strategies can result in less optimal retirement outcomes. So rather than invest that way, why don't we just report that way?

    Michael Kitces | 24-05-13 | 2 comments | More
  80. The idea for the next decade

    Often with investing, simple ideas work best. Last decade, the name of the game was to front run Chinese investors. For the next decade, the story is different, and even simpler.

    Louis-Vincent Gave, GaveKal | 24-05-13 | 1 comment | More
  81. Are fund of hedge funds dead?

    A new research paper finds that there is very little difference between the cost of a FoHF and investing directly.

    Zenith | 24-05-13 | 3 comments | More
  82. Symposium 2013 - key takeouts

    The key takeouts and actions to take when building investor portfolios.

    22-05-13 | More
  83. Identifying the right wave

    Throughout Symposium 2013, PortfolioConstruction Forum Publisher and Symposium Moderator, Graham Rich, presented Video Thought Pieces in which leading global investment experts shared their thoughts on investment challenges. This video featured Mohamed El-Erian talking about how investing is fundamentally like being a surfer.

    Mohamed El-Erian | 22-05-13 | More
  84. Australasia in the Pacific Century

    As the centre of the world economy is shifting towards the Pacific, New Zealand and Australia are facing great opportunities. But are we ready to embrace them? Or are we not even aware of them? Both New Zealand and Australia should embrace economic reforms to make the most of their favourable geopolitical situation.

    Oliver Hartwich, The New Zealand Initiative | 22-05-13 | More
  85. The great degeneration

    Throughout Symposium 2013, PortfolioConstruction Forum Publisher and Symposium Moderator, Graham Rich, presented Video Thought Pieces in which leading global investment experts shared their thoughts on investment challenges. This video featured Niall Ferguson talking about the great degeneration.

    Niall Ferguson | 22-05-13 | More
  86. Two forces driving markets

    Throughout Symposium 2013, PortfolioConstruction Forum Publisher and Symposium Moderator, Graham Rich, presented Video Thought Pieces in which leading global investment experts shared their thoughts on investment challenges. This video featured Nouriel Roubini talking about the two forces driving investment markets.

    Nouriel Roubini | 22-05-13 | More
  87. Risks and rewards

    Five pillars of risk neatly encapsulate the main areas of risk and contagion that all investors should be watching. In the changing risk environment, the key is to determine which parts of the world are actually paying you to take risk, and which areas are definitely not.

    Nick Bullman, CheckRisk | 22-05-13 | More
  88. Mind the gap

    Throughout Symposium 2013, PortfolioConstruction Forum Publisher and Symposium Moderator, Graham Rich, presented Video Thought Pieces in which leading global investment experts shared their thoughts on investment challenges. This video featured Nouriel Roubini talking about the gap between emerging and developed markets, and between real and financial markets.

    Nouriel Roubini | 22-05-13 | More
  89. Stay positive

    Despite having much to worry about - a Eurozone in recession, a listless US recovery, Japan's QE, slowing China growth, North Korea - the S&P 500 reached new, all-time highs recently. Where to from here?

    Jonathan Pain | 21-05-13 | More
  90. Building portfolios in a brave new world

    There is a new, evolving world order affecting asset prices. Game theory provides a framework for better assessing what’s happening and the implications for investing.

    Brian Singer, William Blair & Co | 21-05-13 | More
  91. So far, King Kong is winning

    Throughout Symposium 2013, PortfolioConstruction Forum Publisher and Symposium Moderator, Graham Rich, presented Video Thought Pieces in which leading global investment experts shared their thoughts on investment challenges. This video featured Mohamed El-Erian talking about the interplay of the visible hand (QE) and the invisible hand (the markets).

    Mohamed El-Erian | 21-05-13 | More
  92. The legend of Benjamin Graham

    Throughout Symposium 2013, PortfolioConstruction Forum Publisher and Symposium Moderator, Graham Rich, presented Video Thought Pieces in which leading global investment experts shared their thoughts on investment challenges. This video featured Warren Buffett and others talking about the lessons they learned from the legendary Benjamin Graham.

    21-05-13 | More
  93. KiwiSaver twists and turns

    Nearly six years after KiwiSaver launched, there are now more than 2.1 million people contributing with $14.5 billion in the scheme. But many advisers are shunning KiwiSaver-only clients as large institutional advisers reel them in.

    David Maida, financialalert | 16-05-13 | More
  94. An artificial world

    PortfolioConstruction Forum's publisher sat down for an exclusive one-on-one with PIMCO CEO and co-CIO, Mohamed El-Erian to what he calls a "fluid, unpredictable and artificial world".

    Mohamed El-Erian | 10-05-13 | More
  95. So you call yourself a Financial Planner?

    Australia is looking at enshrining the term "financial planner/adviser" into law. New Zealand is already a step ahead. We look at the titles advisers are using, what the law allows, and what advisers may call themselves in the future.

    David Maida, financialalert | 09-05-13 | 8 comments | More
  96. Risk smile a complex environment

    Markets had a very good run in Q1 2013. But which parts of the world are actually paying you to take risk, and which areas are definitely not?

    Nick Bullman, CheckRisk | 08-05-13 | More
  97. The World

    Global growth cannot tell you the best countries to invest in - but if 2011-2020 continues broadly as assumed, ERP is unlikely to stay at its current high.

    Jim O'Neill | 06-05-13 | More
  98. Down on gold?

    Gold has traditionally been seen as a safe haven to provide insurance to portfolios - but on 11 April its price began to free fall. Why? And does gold have a place in portfolios?

    David Maida, PortfolioConstruction Forum | 30-04-13 | 4 comments | More
  99. Tail risks in global equities

    What's the probability of a major risk event for global equity markets this year - and what are the major opportunities?

    Hamish Douglass, Magellan Financial Group | 18-04-13 | More
  100. Low interest rates for the long haul

    The Australian economy is affected only tangentially by fiscal problems elsewhere, but there are strong effects on markets. Currency is the lynchpin.

    Tim Farrelly | 18-04-13 | More
  101. A few days in Africa (and A$ update)

    If Africa could behave more together economically, by 2050, BRICs would become BRICA. Plus, the $A is more and more on my radar,

    Jim O'Neill | 18-04-13 | More
  102. Climbing the mother of all walls

    We're seeing a significant correction in global equity markets and commodity markets including a staggering decline in gold. What does this mean for portfolios?

    Jonathan Pain | 16-04-13 | 6 comments | More
  103. Abe and Kuroda - wow!

    What Bank of Japan Governor Kuroda announced last week was quite dramatic. It is the first time I can remember Japanese policymakers truly and positively surprising markets.

    Jim O'Neill | 12-04-13 | More
  104. The role of fixed income in portfolios

    With interest rates at historic lows, and likelyrate rises ahead, what are the implications for building the fixed income part of portfolios?

    David Maida, financialalert | 11-04-13 | More
  105. Climbing a wall of worry

    Despite the Cypriot tragedy, the next few years will see stronger global GDP numbers than in a very long time.

    Jonathan Pain | 28-03-13 | More
  106. Currency battles

    Exchange rate adjustments are likely to help the global recovery but the situation bears monitoring.

    Wharton University  | 28-03-13 | More
  107. 2013 Global Investments Forum - Resources Kit

    With cash no longer providing the same high returns and income required for investors approaching or already in retirement, Global Investments Forum 2013 brought together selected senior investment professionals spanning the major sectors, strategies and regions of the world.

    27-03-13 | More
  108. Global Investments Forum 2013 - CPD

    This CPD Quiz is only open to those who attended Global Investments Forum 2013. Each question is compulsory and must be completed to receive your CPD accreditation.

    26-03-13 | More
  109. Cyprus - never let a crisis go to waste

    How can a $22bn economy be the dominant global topic of conversation? Cyprus is the epicentre of strategic issues.

    Jim O'Neill | 26-03-13 | More
  110. Cyprus deal exposes deep rifts

    EU ministers understand the law but they totally miss the behavioural economic consequences of their actions.

    Nick Bullman, CheckRisk | 26-03-13 | More
  111. Opportunity in Japan

    In terms of raw value and potential upside, Japanese equities offer one of the more compelling opportunities.

    John Hock, Altrinsic Global Advisors | 22-03-13 | More
  112. China not firing on all cylinders

    Signs of a cyclical re-acceleration are emerging, but the upswing in China's economy is not firing on all cylinders.

    Harry Colvin, Longview Economics | 22-03-13 | More
  113. Rational temperance

    On a 1-10 scale for irrationality, US credit and high yield bond prices are probably a 6 and moving up.

    Bill Gross, PIMCO | 22-03-13 | More
  114. A BRICS Development Bank?

    The talked-of Bank could have important implications for how economics and finance is changing.

    Jim O'Neill | 22-03-13 | More
  115. Safe withdrawal rates in a low yield environment

    Just because starting conditions are suboptimal does not guarantee that safe withdrawal rates will fail today's retirees.

    Michael Kitces | 15-03-13 | More
  116. Japan in 2013 - new dawn or another false start?

    Are the policy proposals of Prime Minister Abe a signal to re-orient portfolios to Japan?

    Bill Priest, Epoch Investment Partners | 15-03-13 | 1 comment | More
  117. European glory

    Without some major shake-up, the Euro will fail. A monetary union between countries with no growth, rising unemployment and decreasing levels of trade with each other is just not credible.

    Jim O'Neill | 15-03-13 | More
  118. A tool in the fight against global rate repression

    Tom discusses why the corporate bond space offers positive real yields in a globally repressed rate environment.

    Thomas Murphy, Columbia Management | 12-03-13 | More
  119. The revolutionary changes re-shaping Asia

    RMB nationalisation and how it is becoming a trading currency, as well as political changes in Thailand, India and the Philippines and how these are triggering bull markets.

    featuring Louis-Vincent Gave, GaveKal | 12-03-13 | More
  120. Going global to diversify your income

    Stephen discusses the rise of income investing and the advantages of global equities for income seeking investors. As a global energy specialist, he discusses the US shale energy revolution and industrial renaissance, before concluding with insights on the eurozone, and why it remains a significant and underappreciated threat to a global recovery.

    Stephen Thornber, Threadneedle Investments | 12-03-13 | More
  121. Risk replacing the quality of cash

    Ethan discusses why risk matters, the characteristics of a higher quality return stream and how size, scale, diversification, costs and non-market risks can influence the consistency and repeatability of an investment process.

    Ethan Baron, Lighthouse Investment Partners | 12-03-13 | More
  122. Asset allocation in a zero rate world

    Global central bank objectives in 2013, the impact on asset allocation, and avoiding mis-allocation of capital.

    John Fitzgibbon, Lighthouse Investment Partners | 12-03-13 | More
  123. Bonds are negatively correlated to equities?

    Bonds are negatively correlated to equities – so they make a great portfolio diversifier despite their low yields, right?. Wrong.

    Tim Farrelly | 12-03-13 | 10 comments | More
  124. Opportunities in private markets

    Adrian will discuss global fundraising and the secondary market including secondary market supply/demand, the market participants, key challenges, market catalysts and how to gain easier access to this much misunderstood asset class.

    Adrian Millan, Park Hill | 12-03-13 | More
  125. 2013 - the year the dog barks?

    Sherlock Holmes would've been intrigued – there were critical things that didn't happen in markets in 2012. Will they, in 2013?

    James Dunn, Dunn Media | 08-03-13 | More
  126. Beyond the fiscal cliff

    Is the consensus is correct in its assumption that equities are a good place to be right now?

    Simon Doyle, Schroders | 08-03-13 | More
  127. An Italian hell

    This time Italy's political crisis really matters - and not just to Italy. For the troubled Eurozone, this means its crisis is not only back but worse than before.

    Oliver Hartwich, The New Zealand Initiative | 07-03-13 | More
  128. Reform is not austerity

    Reform doesn't equate to austerity, as Italian voters have shown. US reform does not equate to austerity either.

    Jim O'Neill | 07-03-13 | More
  129. 2013 Markets Summit - Resources Kit

    Markets Summit 2013 debated and identified the key investment market and asset class opportunities (and risks) ahead, to help in the search for return and in building better quality investor portfolios.

    03-03-13 | More
  130. The outlook for Australian equities

    The spotlight shone on the outlook for Australian equities in a 3-D world (deleveraging, demographics and (liquidity) damns - and the portfolio construction implications.

    Kate Howitt | 19-02-13 | More
  131. 2013 Markets Summit - final thoughts

    Pippa offers her unique insights and takeouts from program.

    Hon. Dr Pippa Malmgren, DRPM Group | 19-02-13 | More
  132. 2013 Markets Summit key takeouts

    The key takeouts from the program and actions to take when building quality investor portfolios.

    Tim Farrelly & Hon. Dr Pippa Malmgren | 19-02-13 | More
  133. The outlook for the markets - Expert Panel

    Our 10 markets experts debated their views and answered delegates' questions on the outlook for the global investment markets.

    19-02-13 | More
  134. Outlook for global equities - Andrew Dalrymple

    Our second equities speaker offered a contrasting view on the outlook for global equities - the most likely scenario for the three years ahead, key risks and signposts to watch for.

    Andrew Dalrymple, Aubrey Capital Management  | 19-02-13 | More
  135. Outlook for global equities - Bill Priest

    The spotlight turned to global equities - key scenarios, risks and opportunities for the coming three years - and the portfolio construction implications.

    Bill Priest, Epoch Investment Partners | 19-02-13 | More
  136. The outlook for absolute return debt

    The outlook for developed sovereign markets, credit, cash, and bonds vs US bank loans and high yield debt - and the portfolio construction implications.

    Stuart Piper, MLC Investment Management | 19-02-13 | More
  137. The outlook for growth market debt

    The outlook for growth market debt for the three years ahead - key scenarios, risks and opportunities - plus, of course, the portfolio construction implications.

    Philip Moffitt, Goldman Sachs Asset Management  | 19-02-13 | More
  138. The outlook for developed market debt

    The outlook for development market debt for the three years ahead - key scenarios, risks and opportunities - plus, of course, the portfolio construction implications.

    Philippe Lespinard, Schroders  | 19-02-13 | More
  139. The outlook for private equity and debt

    The outlook for private equity and debt - key scenarios, risks and opportunities for the coming three years - and the portfolio construction implications.

    Urs Wietlisbach, Partners Group  | 19-02-13 | 1 comment | More
  140. The outlook for Asian Equities

    The outlook for Asian equities - key scenarios, risks and opportunities for the coming three years - and the portfolio construction implications.

    Eng Teck Tan, TAAM | 19-02-13 | More
  141. The outlook for global resources

    The outlook for global resources - key scenarios, risks and opportunities for the coming three years - and the portfolio construction implications.

    Dr Joanne Warner, Colonial First State Global Asset Management | 19-02-13 | More
  142. The outlook for global infrastructure

    The outlook for global infrastructure - key scenarios, risks and opportunities for the coming three years - and the portfolio construction implications.

    Nick Langley | 19-02-13 | More
  143. The global economy - Expert Panel

    Four economic experts debated the outlook for the global economy and portfolio construction implications.

    19-02-13 | More
  144. The global economy - Russ Koesterich

    The key market and economic risks and opportunities ahead - and portfolio construction implications.

    Russ Koesterich, BlackRock | 19-02-13 | More
  145. Is Australia on the podium?

    Australia's national income per person is the 5th-highest in the world. But the drivers of success are deteriorating.

    Mark Rider, UBS Global Asset Management  | 19-02-13 | More
  146. The five pillars of risk

    The US fiscal cliff; global slowdown; EU crisis; Middle East and oil prices; and contagion risk.

    Nick Bullman, CheckRisk | 19-02-13 | More
  147. The global economy - Jim McCaughan

    The key business and geopolitical risks and opportunities over the coming three years.

    Jim McCaughan, Principal Global Investors | 19-02-13 | More
  148. A new year's resolution - start me up!

    Every policy maker in the world is joining in the chorus of "Start Me Up." Woe to the investor who doesn't listen.

    Bill Priest, Epoch Investment Partners | 17-02-13 | More
  149. Australian market opportunities - structural or cyclical?

    When looking at Australian stocks, it is important to look at how they're being impacted by shifts within the Australian and global economies.

    Paul Taylor, Fidelity Worldwide Investment | 17-02-13 | More
  150. On a path towards something different

    When I transverse the latest data and policy issues, the prospects for so many countries are either worrying or exciting or perhaps both, depending on your state of mind.

    Jim O'Neill | 15-02-13 | More
  151. The five pillars of risk for 2013

    The main areas of risk and contagion that investors may wish to consider in 2013.

    Nick Bullman, CheckRisk | 15-02-13 | More
  152. The road ahead

    Five themes define the opportunity set for asset classes and markets for the coming five years.

    Jim McCaughan, Principal Global Investors | 14-02-13 | More
  153. The outlook for resources in 2013 to 2015

    The catalyst for improved sentiment for commodity-based equities will be a return of confidence and more stable political and economic environment.

    Dr Joanne Warner, Colonial First State Global Asset Management | 13-02-13 | More
  154. Moving past uncertainty

    We are relatively optimistic about the outlook for global growth, and the US in particular. We see four main reasons why the market could become more worried about inflation.

    Philip Moffitt, Goldman Sachs Asset Management | 12-02-13 | More
  155. The outlook for Asian equities in 2013

    Amidst the volatility and doomsday talk in China, Asia ex-Japan equities ended up as the best performing region in 2012. For 2013, the outlook for Asia continues to be positive.

    Eng Teck Tan, TAAM | 12-02-13 | More
  156. Is Australian on the podium?

    Consistently higher commodity prices are a thing of the past. There are two paths the economy can now follow.

    Mark Rider, UBS Global Asset Management | 12-02-13 | More
  157. The great new value divide

    The growing yield-seeking flood of money is causing a growing divide between real and perceived values in the private equity market.

    Urs Wietlisbach, Partners Group | 11-02-13 | More
  158. China's foreign policy dilemma

    Major foreign policy issues face China's new leaders in regards the US, Japan, SE Asia, and North Korea.

    Linda Jakobson | 08-02-13 | More
  159. The history of EM growth

    What happens after 10% growth? History shows few economies last the distance.

    Chris Watling | 08-02-13 | More
  160. Are things that good?

    I never quite expected to be asking this question. But at some point, the question is going to become very real.

    Jim O'Neill | 08-02-13 | More
  161. Three scenarios for 2013

    For better or worse, 2013 is likely to be another year when the market's fate will rest largely with politicians and policy makers. For now, we remain cautiously optimistic.

    Russ Koesterich, BlackRock | 01-02-13 | More
  162. Currency warriors

    It is shaping up for a period where the FX market is back, front and centre. An aspect at the forefront is the notion of so-called "currency wars". I'm dismissive of such accusations.

    Jim O'Neill | 01-02-13 | More
  163. Comprehensive rebuttal of the Hedge Fund Mirage?

    "The Hedge Fund Mirage" shows investors would've been much better off in US T-Bills over the past decade. We look at hedge fund association AIMA's "comprehensive rebuttal".

    Tim Farrelly | 29-01-13 | More
  164. The other doping scandal

    When Lance Armstrong finally confessed to doping, he received widespread condemnation. If only there was similar outrage over doping in monetary policy.

    Oliver Hartwich, The New Zealand Initiative | 25-01-13 | 1 comment | More