Variable withdrawals improve retirement outcomes

Variable withdrawal strategies for retirement spending are receiving more attention. Optimal asset allocations for such strategies are quite different to rules of thumb based on fixed withdrawal strategies.

Joe Tomlinson, Tomlinson Financial Planning White Paper


Backgrounder: The long and short of it

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.

PortfolioConstruction Forum White Paper


Not all Aus income funds fit for purpose

As the Australian bond market grows and sub-sectors emerge, investor must ask – is my defensive allocation true-to-label?

C Jamieson, A Coote & P Chin, Jamieson Coote Bonds0.25 CE White Paper


Do the emperors wear clothes?

The belief that innovative and extremely easy monetary policy on its own would restore a suitable level of economic growth and inflation was wrong, both in theory and in practice.

Dr Woody Brock, SED Opinion


Portfolios must have a currency policy

Investing offshore requires currency exposure. Currency impacts can wash out over time, but its tidal forces are strong and independent of a client's retirement time frame. Currency is both a risk and an investment opportunity.

Dori Levanoni, First Quadrant0.50 CE Resources


Toxic politics vs better economics

Until recently, the expectation was that if professional economists achieved a technocratic consensus on a given policy approach, political leaders would listen.

Mohamed El-Erian, Allianz Opinion


How much should we have in resource stocks?

The Australian sharemarket’s high weight to resource stocks is an accident of history and geography. A lower than market cap weight to resource stocks in portfolios seems much more sensible.

Tim Farrelly, farrelly's Research


Wanted: A counter-populism strategy

The IMF is right to warn that populism poses a serious threat to the global economy. What is really worrying is It is no longer only populists of Donald Trump's ilk who are delivering it. Mainstream politicians increasingly sound populist too.

Oliver Hartwich, The New Zealand Initiative 1 commentOpinion


Understand "founder's mentality" to generate outperformance

Only 1 in 10 listed companies globally achieved sustainable, profitable growth over the decade. A disproportionate number had a founder still running the firm or who remains on the Board.

Mugunthan Siva, India Avenue Investment Management Opinion


Demographics does not mean dull

Demographic trends give a solid basis from which to forecast beyond the usual two-year time horizon. Demographic layering of equity investment decisions can be a powerful structural growth tool as well as a strong risk mitigator.

Alva Devoy, Fidelity International0.50 CE Resources


Active managers require three ingredients for success

Active fund groups with the right combination of culture, technology and philosophy enable investors to protect and grow their capital in a complex world.

Bill Priest, Epoch Investment Partners Resources