Bad policy and unintended consequences

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A great deal has been written in recent years about the uniqueness of Modern Monetary Theory and quantitative easing. The reality is that they are neither unique nor modern. They... Read more continue reading

The new breed of multi-asset funds

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While the concept of a ‘multi-asset’ or diversified fund is not new, technology has enabled increasingly sophisticated products. This article, proudly sponsored by Russell Investments, examines the investment case for... Read more continue reading

Is the tide turning for listed infrastructure returns?

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A comparison of listed and direct market valuations Until recently, bond yields were in structural decline for several decades. During this time, investors saw valuations of almost all asset classes... Read more continue reading

Is the Aussie residential market bottoming?

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According to CoreLogic data, Sydney residential prices recently recorded their first increase in 13 months (+0.3%) while national residential prices were relatively flat (-0.1%). This stall in national price declines... Read more continue reading

New research reveals the maturity of impact private equity

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bfinance, the leading independent investment consultancy, has released fresh research on the rise of ‘impact’ private equity funds, showing the remarkable evolution of ‘impact’ private equity landscape while also revealing... Read more continue reading

Australian recession risk lower than Northern Hemisphere

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Growth has been resilient, but inflation is receding only slowly, and central banks have not finished tightening. Meanwhile, recession indicators are still flashing warning signals. In our view, this creates... Read more continue reading

Institutional investors turn to infrastructure, private assets to meet realities of a new market regime

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Faced with profound market change, both current and contemplated, institutional investors around the world are taking concerted action to better position their portfolios for the future—from increasing investments in infrastructure... Read more continue reading

Lessons learnt from company confession season

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In the post GFC environment, many investors focused principally on one number during reporting season – revenue growth. The implied justification was that due to quantitative easing, capital was abundant... Read more continue reading

“Knee-jerk” policies created rental crisis – PIPA

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Years of knee-jerk property policies and legislation created the current rental crisis, according to the Property Investment Professionals of Australia (PIPA). At the 2023 PIPA Brisbane breakfast seminar on Wednesday... Read more continue reading

What does the future hold for the next generation of investors?

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For a couple of reasons, the recent publication of the Credit Suisse Global Investment Returns Yearbook had me thinking about my kids. The first is personal. The report’s launch was... Read more continue reading