Following is a list of Portfolios articles published on PortfolioConstruction Forum throughout 2003...
While the "noise" about farming is that it's hard, risky and drought ridden, Research House AAG says the perception that our farmers are struggling is wrong. The top performers in Agribusiness are quietly getting on with the job and so don't provide "good copy" for the press. Australia lags the world in realising the opportunities in this sector, agribusiness research house AAG contends... Full Story >
It's been 18 months since Credit Suisse took the unusual step of movings its Asian funds management capability from New York and London to Sydney. Sydney-based head of CSAM Asian equities, Peter Sartori, talks exclusively to Portfolio Construction Forum on what the move has meant to CSAM's Asian offerings... Full Story >
Would you have confidence in a fund manager who managed Australian equities from outside Australia? Probably not. But when it comes to Asian and Japanese equity investment offerings, some providers are on the ground in the region, while others prefer to tackle it from their UK or US offices. We talk to managers about where they manage their Asian funds from, and why... Full Story >
Chances are you really, really Get It that past performance is not a precursor to future returns. But Mark Riepe's article in the most recent issue of the US-based Journal of Financial Planning makes a great point: it says there are at least six influences that work on your mind even if you aren't conscious of them... Full Story >
Rick Steele, CEO of Australian specialist technology listed fund manager TechInvest, talks exclusively to Portfolio Construction Forum about where technology fits in a portfolio, and what the prospects are going forward... Full Story >
Most of us hear "property" and think "listed". At THE Investment Conference 2003 (18/19 August 2003), we devoted a session to challenging this assumption. Is listed property really an asset class? What diversification does it provide in a portfolio? And if it's so great, why don't researchers and fund managers allocate more to it? Fund managers have begun going offshore for property - what benefits does that bring to a portfolio?... Full Story >
Always amongst the top three most popular sessions at THE Investment Conference 2003 (18/19 August 2003), the researchers and asset consultants show what they've got up their sleeves for the next year, presenting their asset class models - that is, the securities they've blended together in each asset class... Full Story >
This was the standout, most popular session of THE Investment Conference 2003 presented by PC Forum on 18/19 August 2003, earning a stunning 4.7 out of 5.0 average rating across all delegates. As our day 2 opening keynote, independent strategist Jonathan Pain looked at investment theory, its history, its relevance and what current valuation models imply for future returns. He argued we need to radically alter the way we construct portfolios, if we are to build portfolios that are in our client's best interests - and then walked us through what this means for the conventional asset management model. Full Story >
Global funds management giant Morgan Stanley has adopted an aggressive 70% weighting to global shares in its global balanced portfolios, positioning them to benefit from an expected market bounce-back. This is despite the global economy being - in the firm’s own words - “on the brink of recession”.... Full Story >
High yield investments will most likely outperform equities over the next two to ten years, but most investors' allocation to them is too low, Kevin Kosovich, Head of Integrated Credit Trading for Deutsche Bank told dealer group researchers at the recent Portfolio Construction Forum Researchers' Roundtable. Here are full minutes (notes plus slides) of Kevin's presentation... Full Story >
Some of you may have noticed that our U.S. stock market hasn’t been exactly robust these last few years. When the chips are down (or taken off the table altogether), portfolio diversification and broad-based financial planning represents a safe and even profitable course through the wreckage... Full Story >
Diversification is a smart decision for both growth-oriented and risk-averse investors, according to US author and financial planner Roger Gibson, speaking at the recent inaugural meeting of the Portfolio Construction Forum Researchers’ Roundtable. A portfolio invested in multiple asset classes (some in negative return territory at any given time) outperformed each of the individual asset classes as well as any 50/50 combination of two of those asset classes. Full Story >
