markets summit


Economic signals are everywhere, from magazine covers to grocery stores to military events. By being alert to signals anyone can start to navigate through the turbulence of the world economy instead of being overwhelmed and surprised by it.

Hon. Dr Pippa Malmgren, DRPM Group | Resources


Just how important is asset allocation?

In this seminal paper, Ibbotson confirms that after the decision to actually invest is made, asset allocation and manager selection are equally important.

Angela Ashton, PortfolioConstruction Forum | 0.50 CPD | Research


4 reasons for collapsing oil prices

The world was shocked by the collapse in oil prices. Trader Anuraag Shah, who made a fortune betting on a declining oil price, aptly summarised global astonishment - "It's bloody nuts!". Actually, no it isn't.

Dr Woody Brock, SED | White Paper


The risk of a US recession in 2016

The most important issue for investors is the risk of a US recession in 2016. It would play out to a global recession. There are cyclical, structural and secular forces at work in this recession risk call.

Chris Watling, Longview Economics | Opinion


Buy the bad and the ugly

Despite forecasters projecting superior US economic growth to continue, we are selling down our beloved US quality stocks in favor of the problem children of the investing world.

Ben Inker, GMO | Opinion


Markets Summit 2015 Great Debate - intl vs Au equities

In this not-to-be-missed session of a not-to-be-missed program few prisoners were taken in debating the moot "overweight int'l equities, underweight Au equities.

Angela Ashton, PortfolioConstruction Forum | 3 comments | Opinion


Currency tailwind losing force?

Investing globally is increasingly popular with the expectation of a continued weak AUD being a big driver. But easy currency gains may have been had.

Dominic McCormick, Select Asset Management | Opinion


Science of spending - money can buy happiness

New research suggests that the best things to do to improve our happiness may lie in NOT trying to maximise our wealth.

Michael Kitces, Pinnacle Advisory Group | Research


Cyclical? Structural? Secular?

This Backgrounder defines the terms "cyclical", "structural"" and "secular" and provides examples, in order to increase the clarity of debate about what's really driving markets.

PortfolioConstruction Forum | White Paper


All things considered - outlook for 2015

2015 has got off to an eventful start - we've seen dramatic changes only five weeks into the year. Here's where I see markets going in 2015. A couple of things really stand out.

Jonathan Pain, The Pain Report | Opinion


A primer on geopolitics and investing

Does geopolitics have investment implications? In short - yes - and this paper provides a clear understanding of both geopolitics and its clear link to investment markets.

Angela Ashton, PortfolioConstruction Forum | 1.25 CPD | Research


The price all investors pay for benchmarking

Is the practice of measuring manager performance by comparing it to a market index distorting prices across the whole market? That is the conclusion of a recent paper.

Michael Edesess, Fair Advisors | Opinion


The alleged missing link - wage inflation

The consensus of FOMC participants expects core inflation to revert toward the 2% target over the next two years. I think they will be wrong.

Dr Robert Gay, Fenwick Advisers | Opinion


UF: Active Au eq fund with a growth bias

An actively managed fund, positioned towards companies with earnings growth potential greater than the market's expectations.

Zenith Investment Partners | Research


Risk transfer vs risk retention

The real distinction in retirement income philosophies is not about which are "safe" and which are not. It is whether risk is transferred or retained (and if retained, managed).

Michael Kitces, Pinnacle Advisory Group | 1 comment | Opinion


Australia, the next shoe to drop

Australia still looks like one of the holdout anomalies in global markets where the adjustment from a decade of mispriced assets has yet to fully play out.

Will Denyer et al, GaveKal | Opinion