Focusing on a client's investment portfolio alone ignores their greatest asset - their ability to continue earning income through the fruits of their labor, also known as their "human capital". Deciding how much risk to take with financial capital given a client's human capital risks is crucial.

The progress we have seen in European markets in 2015 is sustainable over the next 12 months. But, investors should temper return expectations and anticipate continued market volatility.

This report explores institutional investors' attitudes toward equity market risk and looks at the downside protection strategies they are using to insure their portfolios against volatility.

Traditionally, risk management might have been considered as a monitoring activity only. Risk analysis, can, however, add value at the earlier stages of the investment process.

China is a glass both half full and half empty. It will continue to grow and become a great superpower, but its future growth rate will be significantly lower than President Xi's "new normal" 6% forecast.

Even the most skillful active managers will sometimes underperform. And, in some market environments, most active managers can be expected to underperform.

To ensure risk is genuinely well diversified takes a sophisticated forward-looking scenario-analysis process to combine quantitative rigor with qualitative insights of extreme stresses it might face.

Over the past 40 years, the high-yield landscape has grown exponentially. Knowing the key risks and emerging opportunities can help map a path forward.

A recent Australian study of how clients prefer to be communicated with from their financial advisers sheds some interesting light on the challenge.

Why Unconventional Monetary Policy is undertaken, how it works, what it does, whether it's inflationary, and some of the unintended consequences.

We are introducing three new investment scenarios for 2014 - our base case, Low for Longer; our bull case Growth Breakout, and our bear scenario, Imbalances Tip Over.

In this second of our two-part feature on ageing and how advisers need to adapt for this growing client base, we take a closer look at the personal and demographic effects.

This paper examines the empirical relation between risk and return in emerging equity markets and finds that this relation is flat, or even negative.

The younger generation of clients who are now in their 30s and 40s has a very different financial outlook than their Baby Boomer parents. Advisers need to retool their client service and advice models to appeal.

New research suggests that advisers should stop telling Gen X and Gen Y clients to save more now and, instead, simply help them to save more tomorrow.

China is in the throes of a classic credit bubble, showing all three key signs of any classic bubble. This is a big theme for markets.

Signs of a cyclical re-acceleration are emerging, but the upswing in China's economy is not firing on all cylinders.

Most planners struggle to reach and effectively serve Gen X and Gen Y, tending instead to focus their on baby boomers. But it's quite possible serve at least a fairly wide swath of Gen X and Gen Y.

The catalyst for improved sentiment for commodity-based equities will be a return of confidence and more stable political and economic environment.

What happens after 10% growth? History shows few economies last the distance.