This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 argued the case for active management in the Australian smaller companies segment, highlighting that historically, median small cap managers have solidly exceeded the relevant benchmark, and addressed some of the reasons why an active small cap manager can provide a valuable addition to an investor’s portfolio...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 addressed the construction of a multi-manager alternative product completely at odds with conventional wisdom in that it has a very small number of managers, and the use of such a fund in a typical Australian diversified portfolio...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 analysed the commercial property market and investigated the various factors contributing to long-term, medium-term and short-term trends...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 reviewed the concept of Active Money and how it can be applied in the Australian equity market to provide practitioners with a greater level of insight into the risk in Australian equity products...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 explained why the Net Asset Value of international ETFs can differ from the daily closing price on exchange, and the reasons behind these pricing differences...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 argued that Global Financial Crisis highlighted the flaw in modern portfolio theory which has dominated the industry’s approach to portfolio risk for decades, and made the case that portfolio risk is much broader than simply return volatility, and that the industry’s reliance on short-term volatility measures leads to incorrect assessments of portfolio risk...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 argued that 130/30 strategies can viewed as an alternative to long-only funds, with short selling used as a possible way to generate alpha and improve portfolio efficiency...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 discussed why the current slowdown in growth in global industrial production can be expected to continue in the short-term, arguing that this should be viewed as a part of a normal cycle, with industrial production growth to re-accelerate into 2011, providing support to industrial commodity demand and that possible market corrections are buying opportunities...

In this 2010 PortfolioConstruction Conference Critical Issues Forum session, Woody Brock, Founder of US-based Strategic Economic Decisions, argued that the US can rebound from its projected record US$20 trillion deficit, and what's required to achieve a soft landing...

In this 2010 PortfolioConstruction Conference Critical Issues Forum session, David Owyong, Head of Quantitative Research with MSCI Barra, explained the critical changes ahead for portfolio construction practices, particularly management of extreme events, SAA and risk management...

In this 2010 PortfolioConstruction Conference Critical Issues Forum session, our day one keynote speakers - Jonathan Pain, Chris Watling, Chris Selth and Manu Bhaskaran - argued their disparate views on the likely shocks ahead and the implications for building shock resistant portfolio...

In this 2010 PortfolioConstruction Conference Critical Issues Forum session, Singapore-based Manu Bhaskaran, Partner with the global Centennial Group, argued that while there are significant economic risks to the rise and rise of China, they are of low probability of eventuating...

In this 2010 PortfolioConstruction Conference Critical Issues Forum session, Jim O'Neill, Chief Economist with Goldman Sachs, argued that the world is being turned upside down, and the BRIC and N11 economies will become increasingly relevant when constructing portfolios...

In this 2010 PortfolioConstruction Conference Critical Issues Forum session, Chris Selth, CIO with 5 Oceans Asset Management in Sydney, argued that the GFC was a wake-up call on the need to build shock resistant portfolios and explored how we can test old truths against new risks...

In this 2010 PortfolioConstruction Conference Critical Issues Forum session, Chris Watling, CEO and founder of London-based Longview Economics aruged that there is nothing new about the post-GFC investing environment, and the increasing importance of a well diversified portfolio...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 explore which asset classes should be hedged, looking at the optimal hedge ratio for international equities. Is there in fact one answer, or does it change over time? Does it differ depending on the investment time frame? As the Australian dollar tends to be a pro-cyclical currency, does some hedging make sense?

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 argued that typically, investors have arrived at their equities allocation (and domestic/international split) via mean-variance analysis of historical index returns and that this approach is fundamentally flawed Forward-looking investors should be asking “Where are the future tailwinds and is my portfolio positioned appropriately?”

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 examined how active fund managers can manage exposures to volatility and shocks, and how each can be exploited in the quest to add alpha and improve shock resistance...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 examined and exploded many of the myths and delusions that investors have clung to, and proposed new ideas on how to build truly shock-proof portfolios...

This Due Diligence Forum Research Paper and Presentation from PortfolioConstruction Conference 2010 argued that simple strategies such as investing in government bonds or passively following market indices through the cycle are no longer sufficient to fulfill the dual purpose of protecting portfolios when growth assets are weak and generating sufficient income to meet client goals...