Moral Hazard in China is Breaking Emerging Markets, Fixed Income & Credit The 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. Read More
No Westerner Really Understands China Asset Owners, Emerging Markets Out of all Australian Chief Investment Officers, John Pearce, CIO of Unisuper, is probably best placed to have a view on China. But his insights are not what you might expect. Read More
The Impact of Small Funds Asset Allocation & Strategy Sometimes it pays off for a pension fund to be small and nimble and one area where this is a clear advantage is in impact investing. Read More
In Search of Temperament V MarketFox Our exploration of the ideal investor temperament continues with our fifth post in this series. We’ll focus on the reasons why investors need to think probabilistically and how to do it. 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
ASX Blockchain Targets Communication Asset Allocation & Strategy The Australian Securities Exchange’s (ASX) efforts in adopting blockchain are not aimed at trading securities over a blockchain system; it is looking to simplify the way it communicates with its end users. 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
Real Estate Debt Better Than Equity Fixed Income & Credit, Real Estate From a macroeconomic point of view, real estate debt looks better than real estate equity, PGIM CEO of Real Estate, Eric Adler, says. Read More
In Search of Temperament IV Behavioural Finance, MarketFox In this fourth post on investor sentiment, we’ll consider self-awareness and self control. Jim Paul’s life story and the lessons that he learned will be our guide. Read More
