I think we have seen the low in European bond yields and that we have commenced on the path - at long last - of secular reflation.

With NZ fixed interest portfolios arguably harder to build than ever before, this paper introduces a framework for practitioners to build fixed interest portfolios for to meet the needs of individual clients.

Globally, technology shares are cheap on a relative basis. Tech investing has significant challenges but it remains the fastest growth segment and appears to have attractive valuations.

The ACSI Governance Guidelines, which hold a wealth of information about what constitutes good corporate governance, are a valuable resource for any investor (or business owner).

When combining managers together to form a multi-manager global equity portfolio, investors should aim to keep active share relatively high.

The collapse in oil prices in the second half of 2014 is very large in a historical context. This paper explores the implications for portfolios.

Lower oil prices and a wave of monetary policy accommodation are a net positive for the global economy, but there are losers as well as winners, especially in some emerging market economies.

In Fodder this week - Bill Gross on the end of the secular bull market, plus the latest "undiscovered fund" from Zenith.

New this week - Bill Gross on the end of the secular bull market, plus the latest "undiscovered fund" from Zenith.

Investment managers have a better chance of adding alpha if they have a clear philosophy of how they generate it, according to research on the importance of a robust investment philosophy.

I have a sense of a secular bull market ending with a whimper, not a bang. Only the timing is in doubt. Because of this, I have increasingly a great unrest. You should too.

This week's Fodder has an equities theme with Woody Brock, Cliff Asness, Michael Kitces, GaveKal and JP Morgan

This week's Fodder has an equities theme with Woody Brock, Cliff Asness, Michael Kitces, GaveKal and JP Morgan

In recent years, academics have been at war over whether the small cap premium exists. This recent paper finds it does - if you control for quality - and that it is significant, and not time or market specific.

To maintain "no taxation, no representation" deal with its people, China's leadership seems to be going down a path that'd see index funds as forced buyers of Chinese equities.

A surprise rate cut in November 2014 and investor expectations of further easing measures have triggered a strong rally in China equities - both A shares, and in the last three weeks, H shares. Can it last?

Is it time to start thinking more about E/P ratios than P/E ratios? After all, predicting that returns may be higher or lower with a low (or high) earnings yield (and a corresponding P/E ratio) really isn't so controversial.

Our Forum Fodder NZ e-newsletter alerts Members to what's new on PortfolioConstruction.com.au and live progams. In Fodder NZ this week - Jack Gray on unknown unknowns plus low interest rates with Tim Farrelly, Bob Gay & Rob Mead

We are reminded daily that the US stock market has achieved record highs between 2009 and today. But the true bull market covers 35 years. What does an understanding it tell us about the future? The answer is: a lot.

In Fodder this week - Jack Gray on unknown unknowns plus low interest rates with Tim Farrelly, Bob Gay and Rob Mead