Home Wires

Asset Allocation

The multi-asset perspective, covering trends across key asset classes and relative weightings between them.

Asset Allocation

Everything is so expensive

In a followup to our last wire on lessons from 2020, Andrew Baume and I discuss some of the challenges for investing when everything is so expensive. Investors find...
Mark Beardow
Mark Beardow
Darling Macro
Asset Allocation

Some inflationary scenarios, and what they mean for portfolio construction

Given inflation is the most prominent theme in global investment markets, I wanted to provide some thought and insight into what the various outcomes of inflation...
Dan Miles
Dan Miles
Innova Asset Management
Asset Allocation

Vale David Swensen - Lessons from a pioneer of Endowment investing

Legendary but perhaps lesser-known investor David Swensen passed away earlier this month. Mr Swensen had been the CIO of the Yale University Endowment since 1985 – so...
Alastair MacLeod
Elston Asset Management
Asset Allocation

Equities still have more room to run

Equities have been the place to be for the last 12 months. Since May 2020, the Australia All Ordinaries is up more than 34%... not too shabby. But if investors have...
Livewire Exclusive
Livewire Markets
Asset Allocation

Economic clouds expose a SILVER lining

Is it worth having exposure to silver; it is after all, the poor man’s gold? The way governments and central banks treat Fiat currency these days suggests...
Jerome Lander
WealthLander
Asset Allocation

Stand back: The M&A party is just getting started

At more than $50 billion in the first four months of this year, the value of M&A deals targeting Australian companies has smashed a 40-year record stretching back to...
Glenn Freeman
Livewire Markets
Asset Allocation

Inflation indicators set for a sharp short kick-up!

For years now, central banks have been targeting 2% inflation as a goal, so far unsuccessfully. But at least (as far as the US is concerned) that could be about to...
Jerome Lander
WealthLander
Asset Allocation

Building global equity portfolios

Global equities can provide significant benefits to a diversified investment portfolio, ranging from higher return opportunities, enhanced portfolio diversification,...
Stan Shamu
Stan Shamu
LGT Crestone
Asset Allocation

This time it is different?

Recently I sat down with my colleague Andrew Baume to reflect on 2020 and what lessons can be drawn. As he says, with the dubious benefit of over 35 years in...
Mark Beardow
Mark Beardow
Darling Macro
Asset Allocation

Two ways to better diversify your portfolio

Advisers and wiser clients themselves generally try and run a diversified portfolio. As they say, diversification is only necessary when you don’t “know”...
Jerome Lander
WealthLander
Asset Allocation

We need to talk about China

The investment case for China has become more challenging over the past few months. We can point to three reasons for this. First, having led the world into COVID and...
Tracey McNaughton
Tracey McNaughton
Escala Partners
Asset Allocation

Biden’s US$2.3 trillion infrastructure plan

Recently President Biden unveiled his US$2.3 trillion infrastructure plan. The plan aims to revitalise US transportation infrastructure, water systems,...
Russel Chesler
VanEck
The Rules of Investing

Inside Morgan Stanley’s bullish bet on the recovery

In early 2020, Nathan Lim, head of wealth management research at Morgan Stanley Wealth Management, noticed a strange phenomena. Chinese New Year had just passed, but...
The Rules of Investing
Livewire Markets
Asset Allocation

The alternative asset class with a rosier return outlook than stocks

Overheated equity markets and persistently low interest rates highlight the appeal of listed private equity, an alternative asset class whose time has come, says...
Livewire Exclusive
Livewire Markets
Asset Allocation

One year on from the COVID-19 shutdowns

Investment markets have staged an impressive recovery in the 12 months since the economic shutdowns of March 2020. But it remains to be seen how soon vaccine rollouts...
Simon Doyle
Schroders
Asset Allocation

Asset allocation: Knowing how much cash to hold in your portfolio

Equity allocations have surged to a two-year high. Cash allocations have dropped to the bottom end of the range. But cash "levels" have not changed much at all… Put...
Callum Thomas
Topdown Charts
Asset Allocation

Positioning for success in post pandemic global stock markets | Video podcast

This week our attention turns to global stock markets post covid rebuild, as investment professionals the world over mull the opportunities and pitfalls of the...
Damien Klassen
Nucleus Wealth
Asset Allocation

Positioning for downturns with Private Debt: The critical role of the attacking defender

The macro investor Diego Parrilla is well known for making the analogy between constructing a successful investment portfolio and building a successful soccer team....
Simon Petris, PhD
Revolution Asset Management
Asset Allocation

Life in the post-pan world

Navigating the past twelve months in financial markets has required a deft hand and a clear and organised mind. The speed of travel has been breakneck both on the way...
Tracey McNaughton
Tracey McNaughton
Escala Partners
Asset Allocation

The return outlook just got a lot better for this defensive asset

Bonds have long been held up as the epitome of defensive asset allocation. For years, government bonds have been the go-to for the investor wanting to make solid...
Mia Kwok
Mia Kwok
Livewire Markets
Asset Allocation

Flows vs friction

For decades, US stock exchanges have been taking centre stage in global equity offerings, thanks largely to the dollar hegemony and America’s strong economic...
Paras Anand
Fidelity International
Asset Allocation

Coles, Woolworths, McDonalds... equities, bonds or property?

There’s a saying that “to the man with a hammer, everything looks like a nail”. Equity investors must hammer equities. Fixed Income investors must hammer debt. We...
COL
WES
Shane Wakelin
Shane Wakelin
Fawkner Property
Asset Allocation

How Hybrids fit into 2021 income portfolios

Australian income investors' lives have changed, maybe permanently. The collapse in cash and term deposit rates has made things much harder than it was between 1990...
Campbell Dawson
Elstree Investment Management
Asset Allocation

Global Equities: a progress check on that "Generational Buying Opportunity"​

The purpose of this blog post is to provide a progress check and update on that controversial (at the time) "Global Equities: A Generational Buying Opportunity...
Callum Thomas
Topdown Charts
Asset Allocation

Huge gains for investors from yield curve control

We explore why there is a meaningful probability that the Fed will move to yield curve control over the coming weeks or months. We argue this provides huge...
Jerome Lander
WealthLander
526-550 of 848