This session addresses the question of TAA value add from a practical, experiential viewpoint and outlines a TAA approach and process which has delivered superior returns on a consistent basis...

As markets have developed, there are increasing opportunities for global investment in infrastructure, via the listed markets. This session explores the opportunities for investors in global infrastructure in today's market...

There is a global trend towards concentrated portfolios. This session explores whether concentrated portfolios are appropriate for client portfolios...

This session examines the benefits of concentrated portfolio management and the value that an absolute return focus adds to this strategy...

This session examines the key assessments to consider when developing an asset allocation to unlisted property...

This session explores the key characteristics of capital protected products to highlight the place these types of products have in most investors' portfolios....

This session examines the current state of play in the Australian securities market. We look at the prospects for total returns from property securities in the future...

The ability for global and Aussie markets to bounce back following prolonged periods of relatively poor returns is testimony to one of the most enduring, fundamental characteristics of bond returns – that is, bonds are naturally mean reverting assets...

This session examines the emergence of new tools that allow managers to take advantage of new segments of the fixed income market and shows how managers with the right skills are equipped to uncover the dynamic opportunities of this once staid asset class...

When it comes to active management, two heads are better than one, and three heads are even better! Harnessing this insight to generate excess returns is a complex portfolio construction problem...

This session discusses how investors can potentially achieve more consistent and higher long-term returns by investing in more - not less - stocks...

This session explores the alternative investments universe – how alternative investments inter-relate with traditional markets, and their role in portfolio construction...

This session explains how companies that have a sustainable competitive edge, having created this by owning or operating assets that are difficult to replicate, can deliver superior returns over time...

This session explores a recent study undertaken by State Street Global Advisers looking at the value added by specialist managers operating in the Australian institutional market across the Australian equities, international equities and listed property trusts sectors...

The meltdown of Basis Capital has highlighted the need for much greater clarity of communication from research houses – particularly when it comes to describing product risk. With the benefit of hindsight, it is fun to look back and see what the research houses were saying about the risk of the Basis Capital Yield fund before the event. We see nothing on the two pieces of information that really matter...

Many planners still use long term historical returns to estimate future market returns on the basis that, if the historical period is long enough, everything smoothes out. This is pure bunk. In order to demonstrate this as conclusively as possible, we illustrate the impact of using 20 year historical returns as forecasts for the subsequent decade across six major equity markets over the past 107 years...

In the next few weeks, the publishing industry will have given us two books that, paired together, blow the doors off of conventional market theory. Both acknowledge that if you want to study and understand the markets, instead of examining the movements of stock prices, you have to shift your attention to the people who are actually making the trades...

You learn a vast amount in a week. Here are my key takeouts from Day 1...

Near the end of each decade, a bubble seems to emerge in financial markets...

Audio and Powerpoints from the 2006 PortfolioConstruction Conference Due Diligence Forum sessions...