Investing in the age of decumulation: AXA IM

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Income investors can implement a low-carbon strategy without sacrificing income, according to new research from AXA Investment Managers (AXA IM). Hosting a series of roundtables for Australian institutional and wholesale clients and consultants across the country this week, AXA IM presented evidence showing that global equity dividend strategies can incorporate preferences for high environmental, social […]

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CPD: Managing interest rate risk with an absolute return approach – For Professional Financial Advisers Only

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Objective assessment As key global central banks tentatively turn toward monetary policy normalisation, the prospect of a prolonged period of rising interest rates has left some investors questioning the merits of retaining an exposure to fixed income. Investors concerned about the potential for rising interest rates could consider an absolute return approach to bond investing […]

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How can a young couple build a 40% home deposit?

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Sadly, young couples and individuals in their 30s are dropping out of home ownership due to steep price rises in Sydney and Melbourne. For young Australians, one of the biggest challenges they face is the ability to own their own home. In our practice, we are assisting more of our younger clients to educate themselves […]

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Research highlights super funds missing after-tax focus with factor investing

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New Parametric research highlights the misconception that factor investing is naturally tax efficient and identifies potentially significant tax drag associated with new factor strategies. Research co-author, Parametric’s Seattle-based Chief Investment Officer, Paul Bouchey, says: “Factor investing is an area of great interest to funds, tying together key themes in the industry of fee pressures, appetite […]

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Brazil – bold and beautiful

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Andrew Greenup, Deputy Head of Global Listed Infrastructure at Colonial First State Global Asset Management (‘CFSGAM’), recently spent a week in Brazil visiting infrastructure companies, assets, regulators and government in Curitiba, Brasilia and Sao Paulo. The research paper, Brazil: Corajoso e bonito or Brazil: bold and beautiful, provides an overview of Brazil’s infrastructure and the listed […]

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CPD: Tech is the new macro – impacting all three components of return on equity

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The rapid expansion and implementation of technological innovation has become a key factor in the behaviour of the economy and capital markets. In this article, New York-based Epoch Investment Partners, manager of the Grant Samuel Epoch Global Equity Shareholder Yield Funds, explores how tech has become the new macro. This is the first in a […]

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CPD: Forward view for Australian equities and LICs

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Forward view for Australian equities and LICs This is the second in a series by Ross Barker, Managing Director of Australian Foundation Investment Company (AFIC), looking at features affecting Australian equities and listed investment companies (LICs). While part one followed the trajectory of performance in the Australian share market, part two looks at local and […]

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CPD: Getting kids on the property ladder

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It seems that each day new statistics are released that highlight the housing affordability crisis. While Sydney and Melbourne are leading the pack, most Australian capitals are moving beyond the reach of first home buyers. How can your clients help their children realise the great Australian dream of home ownership without having to sacrifice their […]

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CPD: Why (sustained) low interest rates are not always good for real estate

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Bricks and mortar are not bonds… Whenever pundits predict medium term increases in official cash rates, there is the inevitable ‘get out of bond proxies’ hype. Empirical evidence does not support the idea that real estate underperforms during rate increases, and in this paper we are taking a more theoretical approach to the discussion (albeit […]

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New Parametric research clears a path towards responsible investing

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New research from Parametric, the global implementation specialist manager, lists five ways in which funds can adopt responsible investing, even where in the past funds may have held off for fear of short-term underperformance compared with their peers. Raewyn Williams, Parametric’s Managing Director, Research, says “Without a critical mass of super funds adopting responsible investing […]

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