perspectives

A 'surprise on forward guidance?

Speculation is building that the Fed will surprise financial markets with a new framework for forward guidance, perhaps as soon as the FOMC meeting on 16/17 September.

Dr Robert Gay, Fenwick Advisers Opinion

perspectives

Slick LICs

IPOs of LICs have continued in recent months. But LICs have unique challenges and complexities that make them a complicated investment decision - which is certainly not the way they are marketed.

Dominic McCormick, Select Asset Management Opinion

perspectives

The UK now faces years of volatility

The chances of the UK breaking apart now appears to be at least 50%. If Scotland does vote for independence, it's hard to come up with a positive scenario for British assets.

Anatole Kaletsky, GaveKal Opinion

perspectives

The exaggerated death of inflation

Modern central banking has worked wonders to bring down inflation. Today, high inflation seems remote. But inflation is only dormant, it is certainly not dead.

Kenneth Rogoff, Harvard University Opinion

perspectives

The Zen of risk parity and Richard Nixon's surprise benefit

What do Richard Nixon, novel "Zen and the Art of Motorcycle Maintenance", and Bridgewater Associates have to do with risk parity investing and Conference 2014?

Greg Bright, Investor Strategy News Opinion

perspectives

Making the right call on Term Deposits

Are Term Deposits the most boring subject in finance? Actually, they're anything but. The Australian TD market is an area where it is easy to add demonstrable value for clients.

Tim Farrelly, farrelly's White Paper

perspectives

Monetary policy is no threat to markets

A big correction in equities, if it hits in the next year or two, is unlikely to be caused by monetary policy expectations.

Anatole Kaletsky, GaveKal Opinion

perspectives

Ramblings about unconstrained debt funds

Unconstrained debt strategies are flavour of the month, and likely to be very popular amongst investors for several reasons. But where do such funds fit in a portfolio?

Michael Furey, Delta Research & Advisory Opinion

perspectives

The crisis in retirement planning

Robert Merton, 1997 Nobel Prize winner, has recently penned an article about his views on retirement planning. There are some interesting take aways for Australian practitioners.

Angela Ashton, PortfolioConstruction Forum 1 comment Research

perspectives

Backgrounder: Finology - where investing meets investors

This Backgrounder introduces the important ideas within the emerging (and converging) research field of finology, and some of applications to managing client portfolios.

PortfolioConstruction Forum White Paper

perspectives

5 key takeouts: Conference 2014 Finology Forum (where investing meets investors)

As the first day of our annual Conference program, we hosted the Finology Forum. Our particular focus of finology was as it applies to the giving of investment advice.

Angela Ashton, PortfolioConstruction Forum Key takeouts

perspectives

Russia's Eurasian vision

The escalating conflict in Ukraine has focused attention on a fundamental question: What are the Kremlin's long-term objectives?

Nouriel Roubini, Roubini Global Economics Opinion

perspectives

Opportunities and challenges in a less US-centric world

We've come to accept a world where the US drives what happens in the global economy and markets. But that's changing - with significant implications for portfolios.

Dominic McCormick, Select Asset Management Opinion

perspectives

The global obsession with US data

Since 2010, there has been an almost perfect correlation between the strength of the US economy and stock markets outside the US. But this is set to diminish.

Anatole Kaletsky, GaveKal Opinion

perspectives

Shiller CAPE - terrible but valuable

After two decades of elevated earnings and PEs - and two bear markets but also three bull markets - many are questioning whether Shiller CAPE is all that predictive.

Michael Kitces, Pinnacle Advisory Group Opinion