Australian Catholic Super CIO Michael Block addresses some of the criticism of lifecycle strategies and argues that we should take a closer look at the concept behind it. “To always place a member who is 20 years old with a 60-year old member in the same strategy is clearly ridiculous,” he says.More Details
Investing is about capturing the outliers, Baillie Gifford’s Tom Slater says. In a study of long term buy-and-hold strategies, he found that more than 50 per cent of returns were driven by just three companies in the portfolio. But how do you find these outliers?More Details
Flamingos are known for their penchant for standing on one leg. A GeorgiaTech research revealed that flamingos could passively and stably support their body weight on one leg without any conscious effort. In contrast, they need to use more muscles when standing on two legs.More Details
Ancient Greeks believed that the flesh of a peacock did not decay after death, so it became a symbol of immortality. While this is often sought by monarchs as well as the rich and powerful, longevity risk is a real problem for the lay person in the Australian superannuation system. This is compounded by an uncertain economic environment exacerbating sequencing risk.More Details
[i3] Global Property Investment Forum will cover property portfolio construction and risk management challenges for institutional investors. This includes evaluating the liquidity vs complexity opportunity set for global vs local property as well as REITS vs unlisted/direct.More Details
"He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants."
Friedrich August von Hayek