Hard on the heels of last week's focus on values and investing - including the role of whistleblowers and the media - this week, Dom McCormick writes about the "real" IOOF "scandal", Dr Woody Brock dispels three myths and half-truths about the behavior of bond prices, The Forum's Will Jackson summarises geopolitical forecaster George Friedman's keynote address at the recent ASFA Conference, Michael Kitces's report on why retirees' may not need to save as much, and The Carlyle Group's Jason Thomas warns of the consequences to portfolios of central banks' "Mae West approach" to monetary policy.

Hard on the heels of last week's focus on values and investing - including the role of whistleblowers and the media - this week, Dom McCormick writes about the "real" IOOF "scandal", Dr Woody Brock dispels three myths and half-truths about the behavior of bond prices, The Forum's Will Jackson summarises geopolitical forecaster George Friedman's keynote address at the recent ASFA Conference, Michael Kitces's report on why retirees' may not need to save as much, and The Carlyle Group's Jason Thomas warns of the consequences to portfolios of central banks' "Mae West approach" to monetary policy.

Mid this year, ASIC concluded its enquiry into allegations of wrongdoing and criminal behaviour at IOOF, related mainly to the research team and its then head. The real "scandal" turned out to be about reckless and biased elements of the media (and politicians).

This week's Fodder includes a new Resources Kit on the topic of values and investing, Dom McCormick on the post-Trump market rally, Harvard Professor Carmen Reinhart explains why investors are already voting with their feet in advance of the upcoming popular referendum in Italy, and Stephen Hayes outlines what investors should do in the face of overinflated real asset valuations.

This week's Fodder includes a new Resources Kit on the topic of values and investing, Dom McCormick on the post-Trump market rally, Harvard Professor Carmen Reinhart explains why investors are already voting with their feet in advance of the upcoming popular referendum in Italy, and Stephen Hayes outlines what investors should do in the face of overinflated real asset valuations.

Following the victory of the Leave campaign in the UK Brexit referendum and of Donald Trump in the US election, focus has shifted to the upcoming referendum in Italy. There is a disquieting real-time poll of investor sentiment.

Hundreds of thousands of words have been written about the "shock" of being Trumped. Now is an ideal time to challenge one of your portfolio construction beliefs - does geopolitics matter as a driver of the long-term outlook for markets (in a recent survey, 75% of our Members agreed it does). Or, do you believe it's in the "too hard" box?

Hundreds of thousands of words have been written about the "shock" of being Trumped. Now is an ideal time to challenge one of your portfolio construction beliefs - does geopolitics matter as a driver of the long-term outlook for markets (in a recent survey, 75% of our Members agreed it does). Or, do you believe it's in the "too hard" box?

Chris Watling leads Fodder this week, arguing that Brexit may become another "1453 year" for the UK. Harvard's Professor Ken Rogoff writes about the two "best" ideas for dealing with the zero bound on interest rates. Marko Papic explains that populism in the laissez faire economies (US, UK) has far greater implications for investment strategies than in other regions. Michael Kitces shows why Active Share is so useful in assessing whether a manager's investment fee is reasonable. Finally, we feature Sam Mann's highly rated presentation from Conference 2016 in which he debunks some common misconceptions about liquid alternatives.

Chris Watling leads Fodder this week, arguing that Brexit may become another "1453 year" for the UK. Harvard's Professor Ken Rogoff writes about the two "best" ideas for dealing with the zero bound on interest rates. Marko Papic explains that populism in the laissez faire economies (US, UK) has far greater implications for investment strategies than in other regions. Michael Kitces shows why Active Share is so useful in assessing whether a manager's investment fee is reasonable. Finally, we feature Sam Mann's highly rated presentation from Conference 2016 in which he debunks some common misconceptions about liquid alternatives.

Active Share can be an effective way to evaluate the appropriateness of a fund manager's fee. Low Active Share funds should come with index-fund-like fees.

Mohamed El-Erian kicks off this week's Fodder, followed by Dr Woody Brock's latest paper explaining why monetary policy alone was never going to cut it and Joe Tomlinson shows how moving to a variable retirement withdrawal strategy beats traditional fixed strategies. We also feature Dori Levanoni's top 10-rated presentation from Conference on why portfolios need an active currency policy, and lastly, Jamieson Coote Bonds challenges us to ask whether our defensive allocations are true-to-label.

Mohamed El-Erian kicks off this week's Fodder, followed by Dr Woody Brock's latest paper explaining why monetary policy alone was never going to cut it and Joe Tomlinson shows how moving to a variable retirement withdrawal strategy beats traditional fixed strategies. We also feature Dori Levanoni's top 10-rated presentation from Conference on why portfolios need an active currency policy, and lastly, Jamieson Coote Bonds challenges us to ask whether our defensive allocations are true-to-label.

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.

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.