The Evergreen Asset Allocation Committee Meeting Sep 2023 (21 Sep 2023) has been assessed and accredited by Portfolio Construction Forum for Continuing Education (CE/CPD) hours. Delegates must confirm their attendance in order to receive CE/CPD accreditation.

These tutorials relate to the IMAC 2023 lectures and are available to CIMA candidates currently completing the Investment Managment Analyst Certificate course.

What's new with our live and on-demand continuing education, accreditation and certification programs.

The Platinum International Fund in Focus Update Sep 2023 (on demand) has been assessed and accredited by Portfolio Construction Forum for Continuing Education (CE/CPD) hours. Those who attend online on-demand must complete a CE Quiz to receive CE/CPD accreditation.

The Platinum International Fund in Focus Update (13/14 Sep 2023) has been assessed and accredited by Portfolio Construction Forum for Continuing Education (CE/CPD) hours. Delegates must confirm their attendance in order to receive CE/CPD accreditation.

The September 2023 farrelly's Dynamic Asset Allocation update is now available on the farrelly's subscriber area on Portfolio Construction Forum.

The September 2023 farrelly's Dynamic Asset Allocation update is now available on the farrelly's subscriber area on Portfolio Construction Forum.

Owning or not owning 4% of the global equity market is not going to make or break any portfolio. As for being too big to ignore? It's nuts and you can clearly see it's nuts.

The Platinum Asia Fund in Focus Update Sep 2023 (on demand) has been assessed and accredited by Portfolio Construction Forum for Continuing Education (CE/CPD) hours. Those who attend online on-demand must complete a CE Quiz to receive CE/CPD accreditation.

The Platinum Asia Fund in Focus Update (06/07 Sep 2023) has been assessed and accredited by Portfolio Construction Forum for Continuing Education (CE/CPD) hours. Delegates must confirm their attendance in order to receive CE/CPD accreditation.

What's new with our live and on-demand continuing education, accreditation and certification programs.

August 1982 was a banner month. It saw the dawn of a new regime for investors – and for record labels – that was to run for 40 years. But in 2022, cash rates finally ended their 40-year decline. And the world turned for investors.

The Platinum "Challenging the Status Quo" Briefing (Jul/Aug/Sep 2023) has been assessed and accredited by Portfolio Construction Forum for Continuing Education (CE/CPD) hours. Delegates must confirm their attendance in order to receive CE/CPD accreditation.

Now that the BRICS (Brazil, Russia, India, China, and South Africa) will accept new members, can the grouping pose a genuine challenge to the prevailing global-governance institutions?

Today, as practitioners continue to navigate the structural shift to an inflationary, higher interest rate investment regime in a volatile, uncertain, complex and ambiguous world, it stands to reason that portfolio strategies must continue to evolve from what worked in the prior “lower for longer” regime. We must think through which portfolio construction strategies remain fit for purpose, which are no longer appropriate, and which new strategies should be adopted. But common wisdom also warns us against throwing the baby out with the bathwater. Prioritising the most important changes to make to investment objectives, asset allocation, currency management, manager selection and blending, and risk management is key – because you can do anything, just not everything!

We are at a critical turning point in human history as developments in the field of artificial intelligence revolutionise the ways in which people work, learn and play – to the same extent that the printing press, steam engines, electrification, telephones, television, computing and the internet changed the world. While the integration of AI promises radical productivity improvements across a range of activities, concerns are growing that such technologies will exacerbate social inequality, the spread of misinformation, and financial volatility, to name just a few. And then there is the “known unknown” risk of so-called singularity in which AI surpasses human intelligence.

Some 20 years ago, the Forum stood out from the crowd by arguing that the “Turbo of Technology” was one of five megatrends that would shape portfolio construction for decades to come. It’s hard to remember, but Google was just a baby! But it seems we ain’t seen nothing yet. Not only has the Turbo of Technology arrived, a ludicrous exponential curve is upon us. Technology is more than one of five Megatrends – it is THE megatrend! Investment fund managers, service providers and practitioners must understand the risks and opportunities associated with the unfolding evolution of technology and AI, and take specific action relevant to multi-asset, multi-manager investment portfolio construction. Doing nothing is not an option!

Three gigantic, global, interconnected risks have the potential to upend the world as we know it. Investors who understand these will be better positioned to successfully navigate the uncertainty plaguing our world.

The primary criticism directed at those who think about the future is that it's an act of futility. But thinking about how the future may unfold has proven to be a useful way to make decisions amidst radical uncertainty.

Private Equity pooled returns have been attractive while also less volatile than investing in a single fund or fund-of-funds. Enabling investors to "buy the private market" would complement portfolios just like in public markets.

This is Part Two of our annual three-part Strategies Conference Investment Committee hypothetical.

The Investment Committee (our Strategies Conference delegates) has appointed an independent consulting firm to provide a robust and transparently determined and documented global economic outlook for the next three years, using a scenarios-based economic modelling philosophy. In this session, the economists summarise and debate three plausible, forward-looking economic and market scenarios that have a reasonable probability of occurring during the next three years.

Then, the economists and a diverse panel of asset class experts debate the implications of the three economic scenarios for medium-term (three-year) asset class returns.

Following the panel discussion, the Investment Committee members (Strategies Conference delegates) vote on the likelihood of each of the three scenarios, to determine which is most likely, next most likely and least likely. The outcome is then an input to into the Asset Allocation Roundtable 2023, Part Three of our Investment Committee hypothetical.