CPD: Australian housing – don’t panic

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Summary Over the past year Australian house prices have seen 12 consecutive months of decline, the longest streak of persistent falls in over 20 years. House prices are now ~4% lower than this time last year — the weakest performance in the housing market since 2012.     While the performance of house prices has […]

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Stop making sense: the state of volatility in markets

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Summary Volatility is back in a big way in 2018. A large increase in the VIX is showing an annual level not witnessed since 2007. The sell-off that started in October appears to have been triggered by a number of negative technical forces in the US coming into effect at the same time, which impacted […]

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CPD: Investing for the long term – ‘future quality’ companies

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This paper discusses the belief that investing in ‘Future Quality’ companies will lead to outperformance over the long term. Drawing on academic evidence, it outlines the three fundamental concepts which underpin our definition of Future Quality investments Firstly, we look at value creation models within firms. This involves assessing the level of excess cash return […]

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The highs and lows of unemployment and wages

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Summary The September employment report showed that the Australian unemployment rate has fallen to 5%, its lowest level since 2011. While this is undoubtedly a strong result, two labour market indicators raise questions over whether this will translate into higher wages. 1. The participation rate The first is the decline in the unemployment rate during […]

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Nikko Asset Management Australia Appoints Naomi Edwards as Non-Executive Director

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 Nikko Asset Management Australia (“Nikko AM”) is pleased to announce the appointment of Naomi Edwards as a Non-Executive Director of Nikko Asset Management Australia Limited and Nikko AM Limited, effective 1 October 2018. Naomi has also been appointed as Chair of the Risk and Compliance Committee from that date. This follows the recent appointment of […]

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Nikko Asset Management supports The Investor Agenda

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Nikko Asset Management Co., Ltd. (“Nikko AM”) has announced its support for efforts towards commitment to the four areas of impact (Investor disclosure; Corporate engagement; Policy advocacy; Investment) under The Investor Agenda, for the global investor community to address climate change. Nikko AM Representative Director, President & CEO Takumi Shibata said, “We recognise the substantial […]

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Nikko Asset Management Establishes Corporate Sustainability Department

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Nikko Asset Management Co., Ltd. (“Nikko AM”) has announces the establishment of its Corporate Sustainability Department, bolstering its Environmental, Social, and Governance (ESG) commitments both in the way in which it manages itself and how it approaches investing. Overseen by Representative Director and Executive Deputy President Junichi Sayato and led day to day from Tokyo […]

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CPD: The changing face of demographics and why economies should care

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Summary In 2011 a dramatic shift occurred throughout the developed world — working age populations began a multi-decade decline. Demographic shifts like this in an economy can have profound effects, including changes in growth and debt metrics. To understand these effects we will start by explaining the economic effects in simple terms, seek insights from […]

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Nikko Asset Management expands green bond capability

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Nikko Asset Management (“Nikko AM”) has announced the expansion of its global green bond capability to include a wider investment universe of Sovereign, Supranational and Agency (SSA) green bonds. The Nikko AM Global Green Bond Strategy provides investors access to green bonds through a diversified and actively managed portfolio. The new strategy mandate enables the […]

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Nikko Asset Management Australia and ARK Investment Management launch global disruptive innovation fund

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Nikko Asset Management Australia Limited (“Nikko AM Australia”) and US-based ARK Investment Management LLC (“ARK”) have announced the launch of the Nikko AM ARK Global Disruptive Innovation Fund (“Fund”), a global equity portfolio solely focused on disruptive innovation. The Fund will enable Australian investors to access ARK’s disruptive innovation strategy; investing in the leaders, enablers […]

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