1. Latest US stimulus is a red flag

    There is now a 50% chance that the US Federal Reserve will hike interest rates more sharply than markets expect, leading to a recession in the next one to two years.

    Brett Gillespie | 13-03-18 | More
  2. IMAC4.1o: Fixed Income Investments

    This lecture instructs IMAC candidates on properties of fixed income markets, the investment features and risks of bonds, the application of the time value of money to the valuation of bonds, and the concepts of duration and convexity and their application to bond portfolio management.

    Nadima El-Hassan | 08-03-18 | More
  3. IMAC2.3o: Applied Economics

    This lecture instructs Investment Management Analyst Course (IMAC) candidates on the fundamental of applied economics with an Australian perspective.

    Gordon Menzies | 06-03-18 | More
  4. IMAC2.2o: Basic Investment Management Statistics

    This lecture instructs IMAC candidates on the statistics used to describe and analyse the risk and return characteristics of securities and portfolios.

    Nadima El-Hassan | 06-03-18 | More
  5. IMAC5.2o: Portfolio Theories & Models

    This lecture instructs IMAC candidates on the theoretical and empirical underpinnings of portfolio management, specifically in relation to how portfolios are designed and measured.

    David Gallagher | 06-03-18 | More
  6. farrelly's Investment Strategy (Australia)

    Welcome to the farrelly's Dynamic Asset Allocation subscriber-only area.

    04-03-18 | More
  7. farrelly's Dynamic Asset Allocation Handbook (NZ Edition)

    The quarterly Dynamic Asset Allocation is published electronically, and emailed to subscribers in early March, June, September, and December. It features farrelly's Editorial; long-term outlook for markets; Forecast in Focus; and three different approaches to Implementation...

    04-03-18 | More
  8. farrelly's Investment Strategy (NZ)

    Welcome to the farrelly's Dynamic Asset Allocation NZ subscriber-only area...

    04-03-18 | More
  9. farrelly's Dynamic Asset Allocation Handbook (Australian Edition)

    The farrelly's Dynamic Asset Allocation Handbook features editorial exploring investment strategy "hot topics", farrelly's long-term forecasts for asset classes, a detailed review of the long-term forecasts for an individual asset class (rotating across asset classes each quarter) and three asset allocation models to assist with implementation...

    04-03-18 | More
  10. Threat of a wages blow-out is real

    With unemployment at 30-year lows in many countries, practitioners should consider the possibility that wage pressures may force policymakers to tighten more aggressively, triggering substantial equity market falls.

    Brett Gillespie | 19-02-18 | More
  11. Is it relevant? Is it understandable? We can all do much better….

    Too much of our communication with end investors is either irrelevant, unintelligible to the average investor - or worse still, both.

    Tim Farrelly | 14-02-18 | 0.50 CE | More
  12. Behavioural biases lead to unrecognised risk-taking

    Behavioural biases - substitution, aggregation, and feedback risks, overconfidence, and limited attention and availability bias - distort money managers' perceptions and lead them to take risks they don’t see.

    Terrance Odean | 14-02-18 | 0.50 CE | More
  13. The trust mandate is how asset managers win and keep clients

    Trust – the belief that those to whom we are vulnerable are both willing and able to act in our interests – is the no.1 factor in the decision to select and retain an asset manager.

    Herman Brodie | 14-02-18 | 1.00 CE | More
  14. The finologist of the future is a cyborg

    The combination of man and machine - tech-augmented humans or "cyborgs" - can be more effective than either alone, posing the greatest opportunity to human financial advisers in the long run.

    Michael Kitces | 14-02-18 | 0.50 CE | More
  15. Cryptocurrencies are a new epoch in monetary history

    The Chinese authorities recognise the potential of blockchain technology and are outpacing the US, in the race to develop an "official" cryptocurrency. If the Chinese experiment succeeds, we may witness the start of a new epoch in monetary policy.

    Niall Ferguson | 13-02-18 | 0.50 CE | More
  16. Investors need growth equities as change accelerates

    Structural change and the resulting earnings growth will always outrun interest rates in the long run, so as change continues to accelerate, investors need growth equities in their portfolio.

    Nick Griffin | 13-02-18 | 0.50 CE | More
  17. Ignore the exit ramp, better conditions ahead

    The US might have three to five years of additional growth ahead. Global synchronised growth is likely to drive earnings growth to a higher gear that warrants current elevated valuations.

    Ronald Temple | 13-02-18 | 0.25 CE | More
  18. Brace yourself for a global inflation shock

    A combination of factors is set to generate an unexpected inflationary shock to the financial markets, leading to significantly higher bond yields and a recalibration of relative valuations.

    Jonathan Pain | 13-02-18 | 0.25 CE | More
  19. Cryptoassets is an emerging asset class with huge potential

    Technological revolutions often spawn financial booms and busts - but the value proposition of blockchain is profound, and the technology has given rise to cryptoassets. Practitioners will increasingly be required to understand them.

    Catherine Wood | 06-02-18 | 1 comment | More