portfolio construction pillars for building better quality investor portfolios

perspectives

What if there's no exit?

When the GFC started, governments increased spending and hoped for multiplier effects. Six years on, it appears the critics have been right all along.

Oliver Hartwich, The New Zealand Initiative | 11-06-13 | 1 comment Opinion

perspectives

The risk in risk parity

This recent research paper challenges the usual risk parity approach to asset allocation, arguing it should be about diversifying risk factors, not asset classes or volatility sources.

Angela Ashton, PortfolioConstruction Forum | 13-06-13 | Research

symposium

Meeting the longevity challenge

Misjudging longevity can have a very detrimental impact quality of retirement. A strategic approach is needed to better manage longevity implications for portfolios.

David Williams, My Longevity | 22-05-13 | Full Story

perspectives

Will resources be the next high yield sector?

While some lament the end of the mining boom, there may be significant scope for resources company dividends payout ratios to rise.

Don Hamson, Plato Investment Management | 11-06-13 | Opinion

perspectives

Risk profiling - part art, part science, all necessary

The investment advisory industry is often compromised by the quest for easy answers to difficult and involved issues. Risk is one of them.

James Dunn, PortfolioConstruction Forum | 12-06-13 | 1 comment Opinion

perspectives

Don't sail in murky waters?

When all the risks are plain to see, investors understandably become cautious. But often, the very best time to buy is when the risks are well and truly known.

Tim Farrelly, farrelly's | 07-06-13 | 2 comments Opinion

perspectives

Leverage aversion and risk parity

This paper may provide the missing theoretical basis to why risk parity works - a key step forward to it being accepted as a valid approach to asset allocation.

Angela Ashton, PortfolioConstruction Forum | 05-06-13 | 2 comments Research

perspectives

The Fed's almost impossible balancing act

The reaction of bond and equity markets in May highlights the almost impossible balancing act faced by the US Fed now the amount of monetary stimulus is so extreme.

Christian Hawkesby, Harbour Asset Management | 07-06-13 | 2 comments Opinion

perspectives

To find alpha, first define it

Everyone knows what alpha is - right? Yet even experienced practitioners fall into the trap of talking about alpha as being purely outperformance.

James Dunn, PortfolioConstruction Forum | 07-06-13 | 2 comments Opinion

perspectives

The great value divide

Parts of the private equity market are offering three times the return of high yield debt, for a third less risk.

Urs Wietlisbach, Partners Group | 07-06-13 | Opinion

perspectives

The idea for the next decade

perspectives

Should we use bucket strategies or just report that way?

perspectives

Are annuities good value for money?

perspectives

Are fund of hedge funds dead?

perspectives

El-Erian - an artificial world

perspectives

Risk smile a complex environment

perspectives

An introduction to lifecycle theory

perspectives

The World

perspectives

Down on gold?

perspectives

Climbing the mother of all walls

perspectives

Low interest rates for the long haul

perspectives

Tail risks in global equities

perspectives

Cyprus deal exposes deep rifts

perspectives

Climbing a wall of worry

perspectives

Mortality risk

perspectives

Currency battles

perspectives

Rational temperance

perspectives

Global Risks 2013

perspectives

Opportunity in Japan

symposium

Sumposium 2013 - key takeouts

The key takeouts and actions to take when building investor portfolios.

| 22-05-13 | Resources

symposium

Building portfolios in a brave new world

There is a new, evolving world order affecting asset prices. Game theory provides a framework for better assessing what’s happening and the implications for investing.

Brian Singer, William Blair & Co | 21-05-13 | Resources