Are HNW investors ahead of the investment cycle?

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Over the last few weeks there has been an increased number of headlines in the major mastheads noting that many HNW investors believe current commercial property prices are “crazy” and “insane”. This sentiment has been supported by a number of wealthy investors selling property assets which they feel are fully priced as the cycle reaches […]

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Market anomalies present opportunities for active investors: PM Capital

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Just like human anomalies can make all the difference in sporting teams, picking anomalies in equities and fixed income markets can help investors achieve winning performance, according to PM Capital. This month PM Capital is hosting a series of investor forums across five Australian capital cities exploring how the manager goes about finding and interpreting […]

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There’s a lot long term investors can learn from insurers around strategy design: AXA IM

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There’s a great deal asset owners and managers can learn from insurance companies’ long-term approach to investing, especially when it comes to investment strategy design, according to AXA Investment Managers (AXA IM). Hosting a series of roundtables for Australian institutional clients and consultants across the country this week, AXA IM has identified the key behaviours […]

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CPD: Australian house prices and the law of unintended consequences – are we nearing a tipping point?

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Topic of the week, month, year and decade Australian house prices. It seems everyone has an opinion. When house prices collapsed in the US and parts of Europe during the Great Recession, a veritable cottage industry emerged in Australia predicting similar house price doom. One famous economist even hiked up Mount Kosciuszko after losing a […]

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Risk-averse global investors turning to AREITs

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The first quarter of 2017 saw Australian real estate investment trusts (AREITs) underperform general equities in a trend continuing from the second half of 2016, according to Principal Global Real Estate Securities in its latest quarterly update. Janine Yoong, Portfolio Manager, Principal Real Estate Investors, says while AREITs continue to lag behind the broader market […]

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CPD: The gift of education – and the hidden costs of funding it

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Benjamin Franklin said that “an investment in knowledge pays the best interest”; however, given prevailing interest rates and the spiralling costs of education, saving enough to fund the educational needs of your clients’ kids or grandkids can be a significant challenge. Here, Neil Rogan, Head of Investment Bonds for Centuria, looks at the benefits of […]

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CPD: Beware the ‘reflation trade’ in financial markets – if it looks certain, it probably isn’t

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Reflation trade Since the election of President Trump, financial markets have begun to price in significant tax cuts and infrastructure spending for the US economy. In addition, there is the belief the economy is operating near capacity. Combined, these two factors further the belief that inflation is on the way, because employers will need to […]

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How the scientist invested and won

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Three years ago, we posed the question, How would a scientist construct a portfolio?. The results are in and the investment performance is as the scientist predicted. In 2013 the CSIRO-Monash Superannuation Research Cluster released a paper Is fundamental indexation able to time the market? Evidence from the Dow Jones Industrial Average, concluded that equal […]

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CPD: Margin lending – the basics

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Margin lending is a form of gearing whereby investors borrow money to invest in shares, exchange traded products (ETPs) and managed funds. There are good reasons to use margin loans, but it is not without its risks. In this article, OpenMarkets examines the basics of margin lending – what it is, how it works, the […]

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CPD: Debunking conventional wisdom

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Grant Samuel Funds Management recently hosted Scott Weiner, managing principal and portfolio manager with fixed income specialists Payden & Rygel. Scott presented to a number of financial advisers around the country and shared a series of insights aimed to debunk some of the conventional wisdom that prevails in the world of economics and investment. In […]

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