GSFM appoints new product manager

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Multi affiliate fund manager GSFM has appointed Natasja Liddell to the newly created position of product manager, to help meet the growing investor demand for GSFM’s stable of funds and to assist in the development of new investment options. Ms Liddell will be based in Sydney and report to chief operating officer, Peter Nichols. Ms Liddell’s career

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CPD: China’s ‘Common Prosperity’ regime – What does it mean for investors?

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This summer China launched a new policy regime, which escalates government steerage of the economy and features two critical initiatives. This article, from one of GSFM’s manager partners Epoch Investment Partners, discusses these policies in detail and outlines what it might mean for investors. There are two initiatives introduced by China earlier this year. First,

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Stephen Miller on the Fed, the RBA and the BoE

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FOMC announces taper Fed Chair “patient” on policy rate increase but will act if necessary. Inflation still “largely” seen as transitory but the FOMC Statement indicates less certainty on that. As was widely anticipated the Federal Reserve’s FOMC announced that the Fed would begin winding down its monthly bond purchases at a pace of $15

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CPD: The tide is turning for dividend investors

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The most recent reporting season affirmed how the global COVID-19 pandemic impacted businesses and sectors in different ways and as expected, announcements of dividend payments for the next 12 months will likely be back in line, or ahead of, those that paid pre-COVID. Max Cappetta, CEO of GSFM investment partner Redpoint Investment Management discusses the

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What does the RBA do when the economic facts change?

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There is a quote that is popularly attributed to John Maynard Keynes that goes “when the facts change, I change my mind. What do you do sir?”. Regardless of whether Keynes stated the above or not (some attribute it to that other quote magnet, Winston Churchill), it may well be a sentiment that the RBA

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RBA Board maintains settings

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There were no real surprises from the RBA Board meeting today with the Governor’s Statement reaffirming that the Board is sticking with the settings outlined in September. Today’s statement preserves the RBA’s cautious approach to the withdrawal of historically high levels of monetary stimulus despite some the cautious optimism attaching to the ability of the

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The pandemic accelerant part II: Turbo-charging the digital economy

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New business formation has soared during the pandemic, even though it typically plummets during recessions. Similarly, we have witnessed a record number of unicorn births, especially in FinTech and Biotech. This article from global equity income specialists Epoch Investment Partners, discusses the investment opportunities the emergence of new digital platforms represents. COVID-19 has applied a

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Bond yields on the rise: implications for multi asset portfolio construction

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Central banks sticking to a benign inflation view. Bond markets are nervous but accepting…for the time being Key central bank chiefs speaking overnight at the ECB virtual Sintra Conference (the ECB version of Jackson Hole) maintained their recent narrative around inflation being “transitory”.  Fed Chair Powell had said earlier this week that supply chain constraints

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Lonsec upgrades Tribeca Alpha Plus Fund

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The Tribeca Alpha Plus Fund has been upgraded to a ‘Recommended’ rating from research house Lonsec. This comes after the Fund was also upgraded to ‘Recommended’ by research house Zenith in June 2021. The ‘Recommended’ rating indicates that Lonsec has strong conviction the financial product can generate risk adjusted returns in line with relevant objectives, and that the financial product is

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CPD: Fixed Income in a low rate environment

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Fixed income investments have long been central to a diversified portfolio. This article from GSFM explores the role of fixed income in the current environment. Diversification is a central tenet of modern portfolio theory; that is, diversification both within and across asset classes. At its simplest, the 60/40 equity-bond split has underpinned portfolios for decades;

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