Volatility in commodity prices have led to a significant dislocation between market and fundamental valuations around the world. As the long-term demand for natural gas continues to rise, our Global Listed Infrastructure team took some time to share their thoughts on the future of the industry, including which companies look... Show More

The Australian retail environment remains in a tough position due to factors weighing on consumer demand along with discounting pressures from competitors. Annual retail spending growth has averaged 3.0% over 2017, well below the 6.1% pa average of the pre-GFC decade. A shift to offshore online spending is one of... Show More

With more people living in urban areas than ever before, and over 1.2 billion cars on the road today, urbanisation will put strain on the existing, grossly inefficient infrastructure. However, as driverless vehicles come of age, cities are being reshaped to cater for changing infrastructure needs, creating a unique investment... Show More

Dr Bernard Meyerson, IBM’s chief innovation officer, was in the room in 2011 when his company’s powerful artificial intelligence (AI) computer, Watson, famously won Jeopardy, defeating the game show’s two most successful contestants. “There was an incredible euphoria. Watching the system do that was mind blowing” Meyerson said in a... Show More

Adaptation and flexible spaces will be pivotal in successful real estate design and management in the next decade, driven by changes in the way people shop, work and socialise. Bill Gates famously said: “We always overestimate the change that will occur in the next two years and underestimate the change... Show More

A year ago I thought that there was good reason not to fear the Fed raising rates1. However, its initial move combined with worries about just about everything to give us a bout of share market weakness into early 2016 before investors realised that there was indeed no reason to... Show More

2016 started badly for investors with worries about global growth and deflation. But global growth turned out okay &, despite political events, rising bond yields & disappointing Australian growth, the result has been a constrained but okay year for diversified investors. 2017 is likely to see another year of okay... Show More

After the recent experience with the Brexit vote in the UK and election of Donald Trump as President of the US, which are indicative of a nationalist backlash against the pro-globalisation establishment, there is a fear that Europe will go the same way with nationalist forces in Italy, Austria, France,... Show More

In the upside-down world logic that applies to much of investing, there are a bunch of mistakes investors often make which makes it harder for them to reach their financial goals. Many of the mistakes investors make are based on common sense rules of thumb that turn out to be... Show More

From record lows just after the Brexit vote, government bond yields have spiked higher. Ten-year bond yields have risen from 1.36% in the US to 2.2%, from -0.19% in Germany to 0.31% and from 1.81% in Australia to 2.64% in four months. This, in turn, has led to sharp falls... Show More