The Average Company Doesn’t Matter Equities 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? Read More
HESTA Eyes Fundamental Aus Equities Asset Allocation & Strategy, Asset Owners, Chief Investment Officers, Equities, Women in Finance Australian pension fund HESTA is considering creating an internal fundamental Australian equities capability in an effort to address capacity constraints and drive company engagement. Read More
APG Sees More Dispersion of Returns Ahead Asset Owners, Equities, Innovation The rise of alternative data sets is likely to create a wider dispersion of investors’ returns as the wide range of available data will lead investors to take more varying approaches than they have done so in the past, according to APG Asset Management. Read More
Stock Markets Are Increasingly Irrelevant Economics, Equities Stock markets are less about investing and more about collecting rents these days, Tim Hodgson of TAG says. He questions whether the distinction between public and private will survive with the rise of blockchain technology. Read More
An Ode to Crowding Equities, Factors, Quant & Systematic, Risk and Regulation Investors should learn to love crowding, Wells Fargo’s Wai Lee says. Read More
The Biggest Risk in Investing is Trying to Avoid It: Grantham Equities, MarketFox, Risk and Regulation Asset managers don’t take enough risk when implementing their best ideas, according to veteran investor and GMO co-founder Jeremy Grantham. “By far the biggest risk in the long run is to try and avoid risk, to try and hedge everything out,” Grantham says. “Forget it. You’ve got to learn to take some risk and hit […] Read More
True Equity Diversification is Hard Asset Allocation & Strategy, Asset Owners, Chief Investment Officers, Equities Diversification is good, but what assets will truly diversify you from equity risk, Michael Block, CIO of the Australian Catholic Superannuation & Retirement Fund, asks. Read More
First State Super enters China’s Domestic Market Asset Owners, Emerging Markets, Equities First State Super sees opportunities in mainland China markets and has been awarded a QFII licence. Read More
Fear of the Unknown Behavioural Finance, Equities, Risk and Regulation It is not just risk that affects investment returns, but aversion to ambiguity also impacts the potential upside, new research has found Read More
