156 results found

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.

Ron Bird | 1.00 CE

In an industry saturated with greenwashing, woke-washing, whitewashing, and other appeals to our ethical sensibilities, moral courage is a critical virtue for upholding high ethical standards and building societal trust.

Rob Hamshar | 1.50 CE

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).

Ron Bird | 1.00 CE

Ethical standards and codes serve as guiding principles for professionals - but the application is rarely straightforward. This paper reviews recent literature on moral judgment and the behavioural implications.

Rob Hamshar | 1.00 CE

For the past 30 years, a revolution has been underway in how investment markets and economies should be viewed and understood. This Backgrounder introduces the key elements of this revolution – termed Complexity Economics – and explains the implications for understanding investment market behaviour and constructing portfolios.

Wayne Fitzgibbon | 1.50 CE

Enlightenment thinkers played crucial roles in shaping early economic thought, focusing on specialisation and market functions. Part of the Markets short course, Thinking Differently About Markets, this lecture traces the evolution of economic and financial theories to provide historical context to modern thinking about the markets.

Wayne Fitzgibbon | 0.75 CE

Traditional thinking about markets can be limiting - understanding the broader context, rather than relying solely on predefined structures, is crucial for effective decision-making. Part of the Markets short course, Thinking Differently About Markets, this lecture looks at the concept of "markets" both theoretically and practically.

Wayne Fitzgibbon | 0.50 CE

Part of the Markets short course, Thinking Differently About Markets, this lecture explores the themes of money, debt, and financial crises, reviewing both orthodox and heterodox perspectives and how economic thinking has evolved over time.

Wayne Fitzgibbon | 0.75 CE

Understanding monetary policy, credit cycles, and financial stability is crucial for navigating financial markets effectively. Part of the Markets short course, Thinking Differently About Markets, this lecture emphasises the importance of understanding market behaviour, how central banks make interest rate decisions, and the signs that indicate shifts in asset performance and potential investment opportunities.

Wayne Fitzgibbon | 0.75 CE

Markets remain fundamentally games of prediction and reaction, despite technological and financial advancements that have seen financial markets expand, introducing a vast array of investment instruments. Part of the Markets short course, Thinking Differently About Markets, this lecture explores portfolio construction in a financial landscape defined by Volatility, Uncertainty, Complexity, and Ambiguity (VUCA).

Wayne Fitzgibbon | 0.50 CE

The financial landscape of the next decades will differ significantly from the past 30 years. Part of the Markets short course, Thinking Differently About Markets, this lecture brings together key themes from the previous five lectures then shifts focus towards the future of investing.

Wayne Fitzgibbon | 0.75 CE

Our post-program Implementation Zoominar led by consulting firm, InvestSense, drew together the key takeouts from Markets Summit 2025 and the practical implications for client portfolios, turning the insights from Markets Summit 2025 into actions.

As the ideas and tools popularised under the banner of "nudge theory" have gained traction in the public and private sectors so, too, have ethical concerns regarding their use. Critics have long questioned the ethics of nudging.

Rob Hamshar | 2.00 CE

Research over the last 50+ years has questioned the ability of active fund managers to add value consistently over time. These two papers offer new methods to improve our ability to pick future winners and losers.

Ron Bird | 1.50 CE

Ethical blindness is one answer to the question "Why do good people do bad things?" Together, these two papers strongly reinforce the idea that ethical practice requires that we regularly hit the brakes and check our ethical blind spots.

Rob Hamshar | 2.00 CE

At one extreme, the whole investment decision-making process could be turned over to AI - at the other, it can just be used in data collection. These two papers capture the challenges of integrating AI into funds management and financial advice processes.

Ron Bird | 2.00 CE

The financial services industry has long embraced the potential of AI-based systems including robo-advice. These two papers review the psychological and relational dynamics that arise from "algorithm aversion".

Rob Hamshar | 1.00 CE

Powerful geopolitical, demographic, environmental, technological and sociological trends are reshaping our world, impacting investment risk and uncertainty and how best to design portfolios capable of improving the financial well-being of individuals.

Our diverse panel of asset class experts discussed and clarified the implications of four economic scenarios for the medium-term (three-year) outlook for key asset classes, and then the Investment Committee (Summit delegates) voted to determine probabilities for each of the scenarios as inputs to the Asset Allocation Roundtable.

Picking up on the inputs from the Asset Class Outlook Roundtable and the Investment Committee's views (as expressed by delegates' votes), our asset allocation panel debated the key asset allocation and implementation decisions for the hypothetical portfolio for the coming 12 months.