Backgrounder: The long and short of it

Irrespective of your personal perspectives on time, managing the fundamental frictions between the long- and short-term is an important challenge. This Backgrounder explores some of the key concepts and debates in relation to long- and short-term thinking, as they pertain to investment and markets.

PortfolioConstruction Forum White Paper


30 years - reflections on 10 attributes of great investors

The world of investing and business has seen a great deal of change in the past 30 years. Investors face a slew of psychological challenges. Here are the 10 attributes I believe to be the hallmark of a great investor.

Michael Mauboussin, Credit Suisse White Paper


Equities - investor behavior since 1602

Since the birth of the modern stock market in 1602, investment culture has moved from a return focus to a risk focus, and back. What can investors in the 21st century learn from four centuries of investment history?

Jan Sytze Mosselaar & Pim van Vliet, Robeco Opinion


Global-isation is the only answer

Public distrust of global integration is on the rise. But no country can deliver long-term prosperity to its people on its own. Closer international cooperation and economic integration is the only way forward.

Anabel Gonzalez, World Bank Group Opinion


Global-isation's growing opponents

Globalisation's early opponents in emerging and developing countries have been joined by tens of millions in advanced countries. The rules of the game need to be changed – and this must include measures to tame globalisation.

Joseph Stiglitz, Columbia University Opinion


The fallacy behind investor versus fund returns

It has become accepted, conventional wisdom that investors underperform their investments by timing those investments badly. But this new conventional wisdom must be debunked.

Michael Edesess, EDHEC-Risk Institute 1 commentOpinion


The end of history illusion and goals-based investing

Research suggests that we have remarkably little insight into our future preferences. So a challenge of goals-based investing is that we save towards a goal that isn't what we want when the time comes.

Michael Kitces, Pinnacle Advisory Group0.25 CE Research


Mind the gap

Considering structural and cyclical drivers can help reveal investment opportunities, if an appropriate timeframe is defined. A two- to three-year period is an under researched view.

Georgina Taylor & Danielle Singer, Invesco Perpetual White Paper


The 2016 mid-year geopolitical outlook

There are five geopolitically important issues for portfolios for the upcoming year. If these concerns become critical, they will likely weigh on equities and higher credit risk debt.

Bill O'Grady, Confluence Investment Management Opinion


Europe's Brexit hangover

The EU's post-Brexit show of unity calmed fears that the EU or the eurozone would fall apart in short order. But the risk of European and global volatility may have been only briefly postponed.

Nouriel Roubini, Roubini Global Economics Opinion


26 years without a recession. Or six? Or maybe only two?

How long is it since Australia had a recession? Most would say 26 years. A world record. By looking at the data a little differently, we may not be so sure that Australia has gone 26 years without a hiccup.

Tim Farrelly, farrelly's 6 commentsOpinion