Asset Allocation is Key at VicSuper Asset Allocation & Strategy, Asset OwnersVicSuper CIO Andrew Howard has positioned the fund’s portfolio to deal with low growth and higher volatility. “I’ll happily accept a lower return than what we might have received from real assets over the last 10 years to ensure we have enough ballast in our portfolio to deliver a smoother pattern of returns.” Read More
The Confusion about Debt and Inflation Economics, Fixed IncomeThe relationship between debt and inflation is often misunderstood and this can affect how you read economic trends, Macquarie’s Dean Stewart says. Read More
The Science of Hedging Asset Allocation & Strategy, Asset OwnersIn the past, the decision about how to hedge has sometimes involved a bit of an educated guess, but a new paper aims to create rigour around this process. Read More
The Inherent Complexity of Investment Problems Asset Allocation & StrategyFinding solutions to complex problems is often not about more information, as we do in statistics, but about finding novel ways to combine existing information, Professor Carsten Murowski says. Unfortunately, this is where computers fail miserably. Read More
In Search of Temperament Final – Measuring Success MarketFoxThis is the sixth and final instalment in our series on the ideal investor temperament. So far we’ve considered curiosity and flexibility, contrarianism, patience, self-awareness and self-control and probabilistic thinking. This post is all about how the best investors measure success and how they treat others. What’s Your Scorecard? You might think that successful investors […] Read More
NZ Super Maps Capabilities of Partners Asset Owners, Women in FinanceNew Zealand Super has mapped the expertise of its strategic partners against its research agenda in order to extract full value from its relationships. Read More
Soft Brexit Could See London Offices Take Off Real EstateReal estate markets have not priced in the likelihood of a soft Brexit, or even a no-Brexit, which could potentially see growth in UK commercial real estate rather than a contraction, according to Nuveen. Read More
Future Fund Appoints Sue Brake in Deputy CIO Role Asset Allocation & Strategy, Women in FinanceAustralia’s sovereign wealth fund, the Future Fund, has appointed Sue Brake as Deputy Chief Investment Officer, Portfolio Strategy. In this role, Brake will report to Chief Investment Officer Raphael Arndt. Brake will lead the Future Fund’s Portfolio Strategy function, which is responsible for undertaking macroeconomic and capital markets research and blending this with the bottom-up […] Read More
Moral Hazard in China is Breaking: Fidelity Emerging MarketsThe Chinese government’s willingness to let private companies default on their debt is a sign of a maturing domestic market and helps price debt issuances more accurately, according to Fidelity International. Bryan Collins, Head of Asian Fixed Income at Fidelity, argues the corporate bond market in China is still relatively young and when the first […] Read More
