Colonial First State Global Asset Management

Alternative managers are continuing to see increased interest from traditionally conservative clients and it seems infrastructure is the hottest ticket in town. With President Trump’s (still unannounced) plans to drive over $1trn of infrastructure investment in the US, China pledging over US$100bn in investment for “One Belt One Road”, Blackstone... Show More

Colonial First State Global Asset Management

The 2017/18 Commonwealth Budget has seen the Government reset its Budget and economic narrative, embracing debt to fund infrastructure, using new taxes to fund focussed spending initiatives on jobs, small businesses, health, housing affordability and education, while also addressing the revenue issue evident in recent years. Our Economic and Market... Show More

Colonial First State Global Asset Management

Speculation over a downgrade to Australia’s S&P sovereign credit rating is ramping up. There are numerous credit ratings tied to Australia’s sovereign rating and a downgrade would impact various segments across the domestic fixed income market. Here the Colonial First State Global Asset Management Fixed Income team share their varied... Show More

Colonial First State Global Asset Management

Today marks a special day for our business, as we launch our eight annual Responsible Investment and Stewardship report, and seek to challenge the impression that investing responsibly requires a performance sacrifice. This year's report focuses on providing in depth insight into how responsible investment and stewardship adds value to... Show More

Colonial First State Global Asset Management

The shape and value of capital is changing. Technological advancements now allow consumers to access markets more cheaply in pursuit of products and services which better serve their needs. This shift from homogeneous to personalised, high quality and competitively priced products and services has begun to transform the production side... Show More

Patrick, thank you for your comment. Our intention was to note the change in pattern for Australian investors, who do appear to be looking at diversifying their exposure away from Australian equities. As the report shows, increased allocation to global equities, as well as a move to investment property hint at two ways investors are looking at bringing higher growth and diversification in to their investment and superannuation portfolios. These changes must be seen in the context of the historic home bias Australian investors have shown and that the investors in this report do not have a financial adviser. This risk we speak about is due to changing investment allocation, especially as well as some of these moves appear to be currency related given the universal allocation to global equities when the Australian dollar moved below parity against the US dollar.

On Australian investors chasing GFC losses offshore -