Insights

An Ode to Crowding

In Search of Temperament III – Patience

Patience is a critical attribute of successful investors, but facing pressure from clients or colleagues is not always easy.

NASFund CIO Cleared of Charge

Superannuation

David Brown, the CIO of PNG’s national pension fund NASFund, has been cleared of all charges against him after the Court found that no credible case had been produced against him.

UTOS – A Tribute to Justina Sau

Profile, Strategy

Justina Sau, Chief Executive Officer of the Unit Trust of Samoa, passed away in October this year. In this article, we celebrate the life of an extraordinary business person and trailblazer for Samoan women.

[i3] Insights Year in Review – Podcasting

Editorial

In March this year, [i3] Insights published its very first podcast in partnership with MarketFox columnist Daniel Grioli. In this article, we look back at our experience so far.

In Search of Temperament II – Contrarianism

Behavioural Finance, MarketFox, Public Markets

In this second instalment of the series on investor sentiment, MarketFox columnist Daniel Grioli delves deep into the mindset of contrarian investors.

To Time or not to Time Factors?

Factor Investing

It has sometimes been portrayed as the Battle of the Quants. For some years now, AQR founder Cliff Asness and Research Affiliates founder Rob Arnott have been at loggerheads over the question of whether you can time factors or not. And it is a question that has occupied the minds of many asset owners, not […]

Securitisation and the Willingness to Repay

Private & Alternative Markets

Securitisation was almost thrown out with the bathwater in the aftermath of the global financial crisis, as mortgage-backed securities (MBS) and collateralised debt obligations (CDO), containing sub-prime mortgages, almost brought down the financial system. But since then the securitisation market has undergone significant change, both in regulations and attitudes towards risk. And in a world […]

Future Fund Sells Illiquids Ahead of Volatility

Asset Allocation, Risk and Regulation

The Future Fund sells $5 billion in illiquid assets as it prepares for more volatility ahead.

Don’t Underestimate Investment Beliefs: Urwin

Governance

Establishing a set of investment beliefs can sometimes feel as stating the obvious, but we should not underestimate the effect this has on an organisation’s efficiency and discipline, Roger Urwin says.