Funds Management

Valuations are so high in India that people need to have “completely given up hope” before Pzena wades in and makes an investment. It’s shopping in China while it waits.

How do investors stay on top of diversification and maintain adequate levels of non-correlation when markets oscillate with every breath and asset relationships are as fickle as they are malleable?

We’re in the Palm Pilot era of artificial intelligence, according to EFG Asset Management, and nobody knows what’s coming next. That hasn’t stopped the big tech companies becoming a portfolio construction headache in the here and now.

In the AI-fueled rally, some companies will win – and others will disappear. But while some parts of the market look hideously expensive, their long-term prospects might justify their valuations.

The Alternative Future Foundation has begun investing its financial reserves with a who’s-who of Australian alternatives managers as it looks to boost returns for the charities it supports.

The private markets have surged in popularity as investors hunt for a potent combination of yield and downside protection. But in a big selloff, the strategy that will do best is one that’s genuinely uncorrelated.

With home ownership still dominating the dinner table conversation, HOPE Housing is working towards getting super funds involved in a unique model that provides attainable housing to essential workers.

The big institutional investors that have thrown their weight behind the transition can’t get enough wind and solar. But that means a lot of money is now chasing a small chunk of global emissions, according to Kerogen Capital.

It’s been one of the most disappointing regions in the world in terms of performance, but Pzena Investment Management thinks China’s bombed-out equity market presents “a real win opportunity”.

Equities are surging as asset allocators come to grips with the market environment and private markets are going backwards, according to bfinance, while fears of an ESG “backlash” appear overstated.

The big technology companies are probably good companies, but the disconnect is in their valuations. For Pzena Investment Management, it’s 2000 all over again.

Owning the largest stocks has historically been a recipe for underperformance over every period, according to value house Pzena, but the madness of benchmark construction means some investors have few choices but to.