The world has changed dramatically over the past three decades, but the analytical tools underpinning monetary policy haven't. The challenge is to develop new tools to fit the new world order.

In the last decade, investor interest in long-horizon outcomes was rare and when it prevailed, it was severely tested by events. The long-term was viewed as opaque and uncertain. It's amazing how attitudes change when new opportunities emerge.

The return of wage growth across the industralised world has significant implications for markets and central bank policy - and spells the end of the 30-year rally in bonds.

It is tempting to ask whether markets have entered a period of "irrational exuberance" and are heading for a fall. The answer is probably no.

While some still firmly believe that values and ethics have no part to play in investing, the tide is turning. Values play a vital role in investment and business decisions - and, increasingly, investors care about more than just financial returns.

The IMCA Seminar 8 2017 (22 November 2017) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must confirm their attendance in order to receive CE acceditation.

For the past two centuries, a "double bust" (in commodities and capital flows) has led to a spike in sovereign defaults. Yet they have risen only modestly since the peak in commodity prices and global capital flows around 2011.

During the past three months, a salient topic of debate has been whether the so-called Phillips Curve is relevant in today's disinflationary environment. The debate is important to investors.

The Conexus Fiduciary Investors Symposium (13-15 Nov 2017) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must confirm their attendance in order to receive CE acceditation.

A recent research paper that likens the three main retirement planning approaches to shapes provides an interesting way to think about three different retirement planning approaches. In the end, the best option may incorporate all three.

The AGBA Conference 2017 (8-9 Nov 2017) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must confirm their attendance in order to receive CE acceditation.

A recent paper that addresses one of the most pressing issues facing the financial community - how to construct long-term investment portfolios to best fit the needs of those saving for retirement - questions the appropriateness of many commonly used techniques.

With the appointment of Jerome Powell as the next Chair of the United States Federal Reserve Board, Donald Trump has made perhaps the most important single decision of his presidency.

The 2017 mid-year SPIVA report on fund manager performance came out recently. And, while we can expect to see the media dwell on the negatives, there are some big positives in the data.

Having built some satisfaction that their retirement savings balance is sufficient, clients ask "How much can I afford to spend?"

Portfolio insurance - invented over 40 years ago - has experienced the renaissance that it very much deserves. Trend (momentum) investing dates back over 40 years, too - the success of which is traced back in this paper to over 100 years.

The IMR Conference 2017 (28-29 September 2017) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must confirm their attendance in order to receive CE acceditation.

This week, Fodder starts with Ruth Richardson's presentation from our recent Strategies Conference. Nouriel Roubini gives his take on why inflation has not picked up, despite global growth accelerating. Dr Bob Gay argues that the Fed is only a little behind the curve. Tim Farrelly takes aim at the belief that Australian investors should reduce their Aussie equity holdings and we end with Professor Ron Bird reviewing two "colourful" recent investment research papers.

This week, Fodder starts with Ruth Richardson's presentation from our recent Strategies Conference. Nouriel Roubini gives his take on why inflation has not picked up, despite global growth accelerating. Dr Bob Gay argues that the Fed is only a little behind the curve. Tim Farrelly takes aim at the belief that Australian investors should reduce their Aussie equity holdings and we end with Professor Ron Bird reviewing two "colourful" recent investment research papers.