Sort By
  • Newest

  • Newest

  • Oldest

  • Author Name

  • Author Name

  • David Chaplin

  • Drew Meredith

  • Giselle Roux

  • Greg Bright

  • James Dunn

  • Lachlan Maddock

In YFYS, one number ‘doesn’t tell the whole story’

To fix the Your Future, Your Super (YFYS) performance test, Treasury and regulators need to reconsider their fixation on a “bright line” measure. It’s a testament to the flaws of the YFYS performance test that, several months after it was first applied to MySuper products, the super sector’s intelligentsia are still trying to fix it….

Lachlan Maddock | 4th Mar 2022 | More
Big super gets its Russia marching orders, but selling isn’t simple

Plenty of big super funds have announced their intention to dump their Russian assets, and the government wants them to. But saying do svidanya is harder than they thought. From a certain angle, there’s a lot of Russia in the super system. Once ruled by unapologetic socialists, they’ve both become capitalistic in the aftermath of…

Lachlan Maddock | 4th Mar 2022 | More
  • Markets enter a new era of confusion

    BlackRock has a message for investors trying to navigate the confusion that has sundered markets in recent weeks: get used to it. Rising inflation was enough to give markets the jitters; tack on a war – and the prospect of an even bigger one, should the situation in Ukraine devolve further – and all the…

    Lachlan Maddock | 2nd Mar 2022 | More
    Growth stocks go from overhyped to oversold

    Hyperion believes that the sell-off in growth stocks in recent months has become indiscriminate, with the market failing to differentiate between trend setters and trend followers. The last few years has seen the ascendancy of high growth tech stocks in US and global markets, to the extent that many bears now believe it’s a bubble…

    Lachlan Maddock | 2nd Mar 2022 | More
  • Why quants have the edge in China A-Shares

    As China’s domestic market liberalises and regulatory upheaval eases, quant strategies stand to gain that will gain from the massive inefficiencies in its “opaque landscape.” While many bottom-up investors tout the domestic consumption story as the main reason for getting involved in China A-Shares, its huge, retail-dominated market also makes it perfect for a “nimble,…

    Lachlan Maddock | 25th Feb 2022 | More
    ‘Your opportunity set has been cut in half’: Why venture capital is booming

    As the amount of capital available to them soars and equity markets grow more volatile, companies increasingly don’t want to go public – and don’t need to. The number of publicly-listed companies on US exchanges has roughly halved from 8000 to 4000 in the last 20 years, according to Liberty Street Advisors. And while part…

    Lachlan Maddock | 25th Feb 2022 | More
    Inflation strategies for the ages

    Commodities and active cross-asset ‘trend-based’ strategies should provide the most effective bulwark against entrenched high inflation if history holds true, an award-winning study has found. Based on almost 100 years of market data from the US, UK and Japan, the paper, titled ‘The best strategies for inflationary times’, picked up the 2022 Bernstein Fabozzi/Jacobs Levy Awards as…

    David Chaplin | 23rd Feb 2022 | More
    ‘Wretched excess’ and index emperors: Munger takes aim

    The near-centenarian investor believes that institutions like BlackRock and Vanguard will wield outsize power in the market, and that our latest period of “wretched excess” will end with a bang. As passive investing becomes the go-to for a new wave of dumb money, Wall Street’s masters of the universe have been replaced with the emperors…

    Lachlan Maddock | 23rd Feb 2022 | More
    Time to think about equity duration: Epoch

    The last two years have seen an “anomaly” in equity markets where stocks with no dividends were king. But those who “kept the faith” might finally be rewarded. The concept of duration, while intrinsic to fixed income, doesn’t get much of an innings in equities. But John Tobin, managing director and portfolio manager at Epoch…

    Lachlan Maddock | 18th Feb 2022 | More
  • The world still needs more oil: Pzena

    Investors are focusing too heavily on the transition to renewables and aren’t seeing the catastrophic implications of a short fall in oil supply, according to Pzena Investment Management. In recent times, a number of institutional investors have made waves by announcing sweeping divestments from fossil fuels like oil and thermal coal. But investors are pricing…

    Lachlan Maddock | 18th Feb 2022 | More
    Asset owners swim the deep end of private markets

    Asset owners haven’t been challenged with a sustained crisis in nearly 20 years, and it’s possible they’ll get one just as they make the jump into markets they’re unfamiliar with. Governance will be key. As inflation climbs and market volatility increases, Rich Nuzum, president of Mercer’s investments and retirements business, says that asset owners need…

    Lachlan Maddock | 16th Feb 2022 | More
    AMP Capital rebrands as suitors circle

    AMP Capital has a new name and new suitors as it approaches a demerger in June. But AMP CEO Alexis George is playing her cards close to the chest. After a short stint as “PrivateMarketsCo”, AMP Capital will become Collimate Capital in an effort to provide a clean slate in the aftermath of the Boe…

    Lachlan Maddock | 11th Feb 2022 | More
    1 6 7 8 9 10 60