In Fodder this week, a guide for creating an Investment Policy Framework that encapsulates your investment philosophy, Anatole Kaletsky argues we may be seeing a major structural shift in economic doctrine, Prof Moshe Milesvky top-rated lecture from Conference 2015 on integrating human capital into portfolio construction, Rob Mead on the biggest portfolio risk ahead, and a lecture from Berkeley Professor Shachar Kariv on observing how a client makes financial trade-offs as a more accurate measure of their risk preferences.

This Guide aims to assist practitioners develop their investment policy framework, by providing a checklist of issues to consider, and publicly available examples from institutions in Australia and globally.

In Fodder this week, a guide for creating an Investment Policy Framework that encapsulates your investment philosophy, Anatole Kaletsky argues we may be seeing a major structural shift in economic doctrine, Prof Moshe Milesvky top-rated lecture from Conference 2015 on integrating human capital into portfolio construction, Rob Mead on the biggest portfolio risk ahead, and a lecture from Berkeley Professor Shachar Kariv on observing how a client makes financial trade-offs as a more accurate measure of their risk preferences.

This week in Fodder, Dr Bob Gay on why, as the Fed weans itself from past discretionary actions and shifts back towards its usual rules-based framework for decision-making, they are no longer relevant. Prof Dani Rodrik explains why this G20 meeting will be the most interesting for years. Michael Edesess analyses whether it's true that studies of "investor return" vs "investment return" prove the conventional wisdom that individuals underperform the investments they invest in. And finally, we feature two video presentations from recent Forum programs.

This week in Fodder, Dr Bob Gay on why, as the Fed weans itself from past discretionary actions and shifts back towards its usual rules-based framework for decision-making, they are no longer relevant. Prof Dani Rodrik explains why this G20 meeting will be the most interesting for years. Michael Edesess analyses whether it's true that studies of "investor return" vs "investment return" prove the conventional wisdom that individuals underperform the investments they invest in. And finally, we feature two video presentations from recent Forum programs.

In a low growth, low inflation, low interest rate and low yield environment, a cyclical economic upturn presents opportunities in asset classes such as equities and real estate

Fodder starts with two very different perspectives on interest rates. First, Tim Farrelly arguing Central Banks should be applauded. Then, Yale's Stephen Roach argues that today's central banks are even more impotent than they were in the 1930s. Michael Kitces highlights a new research study that debunks the belief that holding cash is something to avoid. Rob Arnott et al debunk the myth that there is a correlation between stock returns and the political party in power. And, finally we feature the top-10 rated presentation by Colonial First State Global Asset Management's Stephen Halmarick at Markets Summit 2017 on Trump the game changer.

Fodder starts with two very different perspectives on interest rates. First, Tim Farrelly arguing Central Banks should be applauded. Then, Yale's Stephen Roach argues that today's central banks are even more impotent than they were in the 1930s. Michael Kitces highlights a new research study that debunks the belief that holding cash is something to avoid. Rob Arnott et al debunk the myth that there is a correlation between stock returns and the political party in power. And, finally we feature the top-10 rated presentation by Colonial First State Global Asset Management's Stephen Halmarick at Markets Summit 2017 on Trump the game changer.

Fodder starts with Nouriel Roubini arguing that Trump's policies are a key risk to the nascent global pick up in economic activity. Dr Bob Gay explains why Fed officials believe they can engineer a graceful exit from their experiment with asset purchases. Invesco's Stephen Anness and Andy Hall have written a terrific paper on the art of contrarian thinking of all types. Prof Ron Bird reviews two new papers on factor investing And finally, we feature the top-10 rated presentation by PIMCO's Joachim Fels at Markets Summit 2017.

Fodder starts with Nouriel Roubini arguing that Trump's policies are a key risk to the nascent global pick up in economic activity. Dr Bob Gay explains why Fed officials believe they can engineer a graceful exit from their experiment with asset purchases. Invesco's Stephen Anness and Andy Hall have written a terrific paper on the art of contrarian thinking of all types. Prof Ron Bird reviews two new papers on factor investing And finally, we feature the top-10 rated presentation by PIMCO's Joachim Fels at Markets Summit 2017.

This week, Fodder kicks off with Berkeley economist, Professor Shachar Kariv, on the science of uncovering investors' true preferences. Harvard's Prof Hausmann then argues that emerging market bond funds should make people morally queasy. Bob Huebscher recaps the recent debate between Wharton's Jeremy Siegel and Yale's Robert Shiller about the outlook for equity returns. Rob Arnott argues that momentum and value are cheap, but low beta is well overpriced. And we finish with a white paper by AB on low vol investing in Australian Equities

This week, Fodder kicks off with Berkeley economist, Professor Shachar Kariv, on the science of uncovering investors' true preferences. Harvard's Prof Hausmann then argues that emerging market bond funds should make people morally queasy. Bob Huebscher recaps the recent debate between Wharton's Jeremy Siegel and Yale's Robert Shiller about the outlook for equity returns. Rob Arnott argues that momentum and value are cheap, but low beta is well overpriced. And we finish with a white paper by AB on low vol investing in Australian Equities

This week, we bring you the third and final installment of Dr Woody Brock's review of the three key risks facing investors, Tim Farrelly then shows that despite their critics, the ratings agencies do a wonderful job of assessing companies. Urban Carmel then debunks the myth that indexing is a threat to market stability and Yale's Stephen Roach looks at the implications (and the irony) of China's new global push. Finally we feature Jeremy Lawson's excellent Markets Summit presentation on the "dire" implications for risk assets of the rising wave of populism.

This week, we bring you the third and final installment of Dr Woody Brock's review of the three key risks facing investors, Tim Farrelly then shows that despite their critics, the ratings agencies do a wonderful job of assessing companies. Urban Carmel then debunks the myth that indexing is a threat to market stability and Yale's Stephen Roach looks at the implications (and the irony) of China's new global push. Finally we feature Jeremy Lawson's excellent Markets Summit presentation on the "dire" implications for risk assets of the rising wave of populism.

Overall stock market risk has declined modestly in the last 80 years, but the nature of risk has changed greatly. The risk stemming from market mistakes and, possibly, from irrationality has risen significantly.

Fodder kicks off with part 2 of Dr Woody Brock's review of the three key geopolitical risks facing investors Nouriel Roubini asks whether investors are underestimating the potential of rising geopolitical risk to trigger a black swan event. PIMCO's Libby Cantrill explains why President Trump is unlikely to be able to deliver any time this year on his ideas to reignite US economic growth, and Professor Ron Bird reviews three recent papers on factor investing. Fodder ends with Douglas Isles's top 3-rated Finology Summit session on how to help investors stay the course and not fall prey to common behavourial pitfalls.

Fodder kicks off with part 2 of Dr Woody Brock's review of the three key geopolitical risks facing investors Nouriel Roubini asks whether investors are underestimating the potential of rising geopolitical risk to trigger a black swan event. PIMCO's Libby Cantrill explains why President Trump is unlikely to be able to deliver any time this year on his ideas to reignite US economic growth, and Professor Ron Bird reviews three recent papers on factor investing. Fodder ends with Douglas Isles's top 3-rated Finology Summit session on how to help investors stay the course and not fall prey to common behavourial pitfalls.

Fodder starts with Dr Woody Brock's review of the three key risks facing investors. Next, Yale's Stephen Roach rings the bell on the balance of economic power. Then, renowned economist, Lacy Hunt, reviews the Fed's history of tightening and concludes that the secular low in bond yields remains in the future. We feature Australian-based CIMA® certificant Tim Macready's award-winning paper on including an impact investing allocation in portfolios. And we end with Tim Farrelly's top 3-rated Finology Summit session on how a formal, written spending policy can help investors focus on what's really important.

Fodder starts with Dr Woody Brock's review of the three key risks facing investors. Next, Yale's Stephen Roach rings the bell on the balance of economic power. Then, renowned economist, Lacy Hunt, reviews the Fed's history of tightening and concludes that the secular low in bond yields remains in the future. We feature Australian-based CIMA® certificant Tim Macready's award-winning paper on including an impact investing allocation in portfolios. And we end with Tim Farrelly's top 3-rated Finology Summit session on how a formal, written spending policy can help investors focus on what's really important.

From 2017, instead of the two-day Symposium in Auckland each May, our NZ members have choice across five program days - including the one-day, by invitation-only Masterclass NZ in Auckland in June, for a strictly limited number of senior investment practitioners.