This week in Fodder Tim Farrelly, Dr Oliver Hartwich, Mugunthan Siva, Alva Devoy from Fidelity's top-10 rated Conference presentation on Demographics and Epoch Investment Partner's Bill Priest explains the three key ingredients to his long, successful, active management record.

In Fodder this week, Hamish Douglass's 6-minute video Insight on why it's our duty to encourage investors to focus on the long-term. Chris Watling looks at whether the US is heading for recession, Michael Kitces explains how a "bond tent" can help manage sequencing risk, and watch Professor Ron Bird's top-10 rated Conference presentation. Finally, Lazard asks whether portfolios have enough global small cap equities.

In Fodder this week, Hamish Douglass's 6-minute video Insight on why it's our duty to encourage investors to focus on the long-term. Chris Watling looks at whether the US is heading for recession, Michael Kitces explains how a "bond tent" can help manage sequencing risk, and watch Professor Ron Bird's top-10 rated Conference presentation. Finally, Lazard asks whether portfolios have enough global small cap equities.

This week, Fodder features Professor Jack Gray's top-10 rated Conference presentation, Nouriel Roubini and Stephen Roach on monetary policy, Stephen Kotkin on geopolitcs, and Pfau & Blanchett on the limits of Monte Carlo simulation.

This week, Fodder features Professor Jack Gray's top-10 rated Conference presentation, Nouriel Roubini and Stephen Roach on monetary policy, Stephen Kotkin on geopolitcs, and Pfau & Blanchett on the limits of Monte Carlo simulation.

The lack of response at the zero bound of policy interest rates is hardly surprising. In fact, it is strikingly reminiscent of the so-called liquidity trap of the 1930s. What is particularly disconcerting is that central bankers remain largely in denial.

This week, Fodder features the five top rated presentations from PortfolioConstruction Forum Conference 2016, each arguing a high conviction thesis around the theme, "The long and short of it (Is the concept of long-term investing increasingly irrelevant?)"

This week, Fodder features the five top rated presentations from PortfolioConstruction Forum Conference 2016, each arguing a high conviction thesis around the theme, "The long and short of it (Is the concept of long-term investing increasingly irrelevant?)"

In Fodder NZ this week Tim Farrelly, Michael Edesess, Tribeca Investment Partners and PIMCO's Doug Hodge challenge some common portfolio construction beliefs.

In Fodder this week Tim Farrelly, Michael Edesess, Tribeca Investment Partners and PIMCO's Doug Hodge challenge some common portfolio construction beliefs.

In Fodder this week - Bob Gay, Michael Kitces, J. Bradford DeLong, Michael Furey, and our pick of the Faculty papers from Conference 2016.

In Fodder NZ this week - Bob Gay, Michael Kitces, J. Bradford DeLong, Michael Furey, and our pick of the Faculty papers from Conference 2016.

This week, Fodder kicks off with our new Backgrounder exploring key concepts & issues in relation to managing the fundamental friction between long-term and short-term investing imperatives.

This week, Fodder NZ kicks off with our new Backgrounder exploring key concepts & issues in relation to managing the fundamental friction between long-term and short-term investing imperatives.

Australian banks face a number of headwinds - they are real, but could better be described as zephyrs. The market has overreacted. Buy the banks.

Rapid technological innovation, affordable communication, and demographic shifts are reshaping the world. The traditional country/regional approach to asset allocation is not optimal for capturing these new opportunities.

Data overfitting is a well known problem and one would expect clever statisticians and scientists not to succumb to its temptations. But "meta-overfitting" may be endemic in finance.

Tracking error constraints on active management focus on short-term outcomes and don't align with most investor goals, which are longer term. A low tracking error portfolio can often lead to an unfavourable outcome for end investors.

SMSF portfolios appear inefficient – creating an opportunity to either increase returns for the current level of risk or reduce risk for the existing return.

Managing the fundamental friction between short-term and long-term investing imperatives is a key challenge when building portfolios. This Backgrounder explores some of the key concepts and debates.